Thread: Investing 102
View Single Post
  #5486  
Old 04-27-2016, 02:14 PM
96z28ss's Avatar
96z28ss 96z28ss is offline
Senior Member
 
Join Date: Apr 2005
Location: Portland,OR
Posts: 2,024
Thanks: 18
Thanked 10 Times in 6 Posts
Default

Quote:
Originally Posted by GregWeld View Post
. But here's something that might be contributing...... I used to get a new phone whenever my "2 years" was up - because it was a cheap upgrade by just extending my phone contract. NOW!?!?! They want me to pay full price for the new toy.... to which I say - Heck no! My current phone is just fine.

So is that having an affect on sales all across the board? No new phone - no reason to go into the store - therefore no "extra" sales because of a lack of interest/traffic??

I don't know - but it's certainly interesting! Is there a fundamental change in the wind --- or are we just seeing a weak consumer or both??
I was thinking the same thing. I just recently got a new phone and was shocked to learn I had to buy the phone. Even if you go for the 2 year payment plan on the purchase of the phone. Your cell bill went up that much.
I think this will hurt sales of the phone for a couple years till everyone is conditioned to it.
Will it effect Att and verison stock also? If people keep phones longer they can't lock people to 2 year contracts anymore. Makes it easier for people to jump to another carrier.
Prices for good used phones must be going up also.
__________________
1969 Camaro LS2/T56 D1SC
www.automotivedesigneng.com
Special thanks to: DPE Wheel / Columbia Parts Company / US Collision / T. Bruning
Reply With Quote