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You are here: MacNN Forums > Hardware - Troubleshooting and Discussion > iPhone, iPad & iPod > MacNN iPhone 5 5-group-buy (what Verizon does not want you to realize)

MacNN iPhone 5 5-group-buy (what Verizon does not want you to realize)
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The Godfather
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Join Date: Dec 1999
Location: Tampa, Florida
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Sep 18, 2012, 06:34 AM
 
You going on your own with an iPhone 5, 4GB/month:
$200-$300-$400 for the subsidized hardware
Monthly:
$70 for the 4GB per month, plus unlimited voice
$40 for the privilege of downloading them via the shiny iPhone 5
=$110x24=2640 for the length of the contract

5 women or men going at it together:
$200-$300-$400 for the subsidized hardware
Monthly:
$150 for 20GB per month, plus unlimited voice
$40x5 for the privilege of downloading them via 5 iPhone 5
=$350x24=8400 for the length of the contract, or $1680
Or $350/5=$70 per individual, monthly

Group buy would net $960 savings for each individual for the length of the contract, or $40/month. Another way of looking at it: $110/month is 57% higher than $70/month.

Are there any mistakes in my calculation?
     
   
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