This is the best tl;dr I could make, original reduced by 48%. (I'm a bot)Best Buy Co. said it stopped some sales of Apple Inc.'s iPhone X and iPhone 8 after consumers complained about the retailer charging a $100 premium on the already expensive smartphones.Last week, when users went to Best Buy's website to purchase an iPhone X at the full, upfront price, Best Buy charged $1,099 and $1,249 for the two configurations."Although there was clearly demand for the un-activated iPhone X, selling it that way cost more money, causing some confusion with our customers and noise in the media," Best Buy spokeswoman Danielle Schumann said.Best Buy previously said the $100 premium was intentional because offering different purchasing options for iPhones "Has a cost." The retailer gets payments from carriers when it sells phones that are already set up to work on the carriers' networks.Best Buy still sells older iPhone models, including the iPhone 7, at a $50 premium, according to a check of its website on Tuesday.Walter Piecyk, an analyst at BTIG LLC, said it was "Odd" that Best Buy wouldn't want to offer as many iPhone X options as possible to drive store traffic, even if that didn't generate a profit.Summary Source | FAQ | Feedback | Top keywords: iPhone#1Buy#2Best#3carrier#4Apple#5Post found in /r/apple, /r/news and /r/Sprint.NOTICE: This thread is for discussing the submission topic. Please do not discuss the concept of the autotldr bot here.
This is the best tl;dr I could make, original reduced by 48%. (I'm a bot)
Best Buy Co. said it stopped some sales of Apple Inc.'s iPhone X and iPhone 8 after consumers complained about the retailer charging a $100 premium on the already expensive smartphones.
Last week, when users went to Best Buy's website to purchase an iPhone X at the full, upfront price, Best Buy charged $1,099 and $1,249 for the two configurations.
"Although there was clearly demand for the un-activated iPhone X, selling it that way cost more money, causing some confusion with our customers and noise in the media," Best Buy spokeswoman Danielle Schumann said.
Best Buy previously said the $100 premium was intentional because offering different purchasing options for iPhones "Has a cost." The retailer gets payments from carriers when it sells phones that are already set up to work on the carriers' networks.
Best Buy still sells older iPhone models, including the iPhone 7, at a $50 premium, according to a check of its website on Tuesday.
Walter Piecyk, an analyst at BTIG LLC, said it was "Odd" that Best Buy wouldn't want to offer as many iPhone X options as possible to drive store traffic, even if that didn't generate a profit.
Summary Source | FAQ | Feedback | Top keywords: iPhone#1 Buy#2 Best#3 carrier#4 Apple#5
Post found in /r/apple, /r/news and /r/Sprint.
NOTICE: This thread is for discussing the submission topic. Please do not discuss the concept of the autotldr bot here.
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