Pre-orders for the new iPhone 7 have started at the various UK mobile carriers, and from what we can see so far, the carriers are charging more than in previous years for the new iPhone. This year’s iPhone is the most expensive to date in the UK, primarily due to the current exchange rate between the pound and the dollar, thanks to Brexit.
Impact of Brexit on iPhone Pricing
The financial implications of Brexit have had a significant impact on various sectors, including technology. The devaluation of the pound against the dollar has led to increased costs for imported goods, and the iPhone 7 is no exception. This currency fluctuation means that UK consumers are now paying a premium for the latest Apple technology compared to previous years. For instance, the base model of the iPhone 7 is priced higher than its predecessor, the iPhone 6s, when it was first launched. This price hike is not just limited to the iPhone but extends to other tech gadgets and consumer electronics as well.
Apple’s iPhone Upgrade Programme
Apple has also started taking pre-orders for the new iPhone 7 on their website, and the company is offering the handsets on their iPhone Upgrade Programme for a monthly fee. This programme allows customers to get the latest iPhone every year without paying the full price upfront. Instead, they can spread the cost over 24 months with the option to upgrade to a new model after 12 months. This can be an attractive option for those who always want to have the latest technology without the hefty initial outlay.
The iPhone Upgrade Programme includes AppleCare+, which provides coverage for two incidents of accidental damage, each subject to a service fee. This added protection can be a significant advantage for users who are prone to dropping their phones or exposing them to other risks. Additionally, the programme offers the flexibility of unlocked phones, allowing users to choose or switch carriers as they see fit.
We haven’t managed to see all of the carrier deals as yet, as many of their sites are slow at the moment, but from what we have seen so far, it looks like Apple’s Upgrade Programme may be worth a look. For example, some carriers are offering the iPhone 7 with various data plans, but the overall cost over a 24-month period can be higher than Apple’s Upgrade Programme when you factor in the monthly fees and any upfront costs.
Comparing Carrier Deals
When comparing carrier deals, it’s essential to consider not just the monthly cost but also the total cost of ownership over the contract period. Some carriers may offer lower monthly payments but require a higher upfront cost, while others might bundle additional services like extra data, international calling, or streaming subscriptions. For instance, a carrier might offer a deal that includes unlimited data, which could be beneficial for heavy data users, but the overall cost might still be higher than Apple’s Upgrade Programme.
Moreover, it’s worth noting that some carriers offer trade-in deals where you can exchange your old phone for a discount on the new iPhone 7. This can be a cost-effective way to upgrade, especially if your current phone is in good condition and has a reasonable trade-in value.
In conclusion, while the new iPhone 7 is more expensive this year due to the exchange rate and other factors, there are various options available for consumers to consider. Whether it’s through Apple’s iPhone Upgrade Programme or carrier deals, it’s crucial to evaluate all the options and choose the one that best fits your needs and budget.
Source Apple
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