T-Mobile increases price of iPhone 5 by $50

May 15, 2013 by Salvador Rodriguez
The iPhone 5.

T-Mobile has quietly increased its price of the iPhone 5 by $50, raising the down payment to $149.99.

The Seattle-based carrier began selling the phone last month at $99.99 plus 24 payments of $20, for a total cost of $579.99, but now, T-Mobile is saying the initial $99.99 down payment was a promotional price that ended Sunday.

"We all know are temporary," T-Mobile said in a statement.

AT&T, Verizon and Sprint charge $199 for the with a two-year service contract.

T-Mobile said the full price for the iPhone 5, now at $629.99, is still lower than purchasing an unlocked iPhone 5, which typically costs $650.

T-Mobile also said users can take advantage of another promotion it has going on that lets them trade in an old iPhone 4S or iPhone 4 to bring the down payment cost of a new iPhone 5 to $0. That promotion lasts until June 16, which is Father's Day.

The T-Mobile iPhone 5's new price now brings it in line with that of the Samsung Galaxy S 4, which also has a down payment of $149.99. Meanwhile, the HTC One, another top-of-the-line smartphone that came out in April, is still available with a down of $99.99.

The price increase may affect how many iPhone 5 units T-Mobile sells during the month of May and beyond. In April, T-Mobile announced it had sold 500,000 5 units, but that was with the promotional price.

Explore further: Motorola unveils three smart phones for return to China

3.7 /5 (3 votes)
add to favorites email to friend print save as pdf

Related Stories

US carrier offers first iPhone on prepaid plan

May 31, 2012

Cricket Communications said Thursday it would be the first US carrier to offer the iPhone to customers under a prepaid plan, a move expanding the footprint of the wildly popular Apple device.

Analysis: Should you buy the new iPhone 5?

Sep 16, 2012

After months of speculation and rumors that often precede new Apple products, the iPhone 5 has arrived. And with pre-orders set to begin Friday, the question is: Should you buy one?

Recommended for you

Standalone wireless info display device an easy fit

Jan 25, 2015

A Latvian team has come up with a good-looking WiFi display device, connecting to the Internet using WiFi, which runs on a high-capacity built-in battery and tracks what's important to you. This is a standalone ...

Technology improves avalanche gear for backcountry skiers

Jan 25, 2015

As outdoor recreation companies increasingly cater to skiers and snowboarders who like to venture beyond the groomed slopes at ski resorts and tackle backcountry terrain, they've put a special emphasis on gear and equipment ...

Your future office desk may remind you, hey, to move it

Jan 23, 2015

Workers in all industries know by now that having a "desk" job might have its perks but frequent exercise is not one of them. Ample warnings from health experts have been headlined in the press reminding ...

Hands-on with Microsoft's hologram device

Jan 23, 2015

Microsoft didn't use skydivers or stunt cyclists to introduce what it hopes will be the next big leap in computing technology. Instead, with its new HoloLens headset, the company is offering real-world examples ...

User comments : 0

Please sign in to add a comment. Registration is free, and takes less than a minute. Read more

Click here to reset your password.
Sign in to get notified via email when new comments are made.