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Verizon Removes 10 Phones from $350 ETF List

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Replying to:  $350 ETA? My Vote: Keep them! by SellFone   Jan 19, 2010, 8:46 PM

Ight verizon fanboy...

by Desolationblade    Jan 19, 2010, 11:54 PM

Account verizon fanboy let me put this straight. I sell the following at my retailer, At@t, Verizon, Tmo, and Sprint. The Black berry curve that is free right now, no rebate no buy one get one free, is 619.99 noncontract. I got news for you, Our cost is $322.48.

That is what my retailer pays for that phone. For an upgrade alone, we get a 345 dollar ring credit. So we are profitable on it. Also my verizon rep told me on an 89.99 450 min data/text plan, it takes 8 months to recover what the costs. Now heres the thing that is if it was at MY COST. At verizon whom probably get the phones cheaper...

But lets say its the same price. They charge 100 dollars, with 100 rebate and another 50-100 dollars with a 50-100 rebate, DEBIT CARD, none the less.

So roughly 2 in 5 customers receive their rebates(forget to fill out, they lose it, fill it out wrong, post office loses it, company loses it). So lets take 60% of the lesser total of 150 dollars. So with the BOGO they make an average 90 dollars out of the 300 it costs them. Now lets factor in 18 dollar/36 dollar upgrade/activation free. Now thats atleast 108. So 322.44-108=214.44 So if a customer terminates the second month, verizon MAKES 136 dollars, AFter 14 months finally Verizon would have a 210 term fee which would cost less then the handset. But how much profit after general expenses are they making with a 100 dollar a month BASE plan???

Atleast 30-50 dollars i spec...

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