It's become a foregone conclusion that Apple
Now, there are a few catches. The orders must be placed online through Sprint, which already turned heads recently by lowering its Web-based price down to $149. The final $100 in savings comes in the form of a $100 American Express Reward Card that will be mailed out roughly two months later.
Oh, and Sprint is limiting the $100 rebate to new lines of service.
Skeptics will argue that this doesn't mean much. Verizon
Sprint has been known to act like a desperate bronze medalist. Unlike Verizon and AT&T, Sprint still isn't profitable. It's the only major carrier still offering unlimited data plans to new accounts. However, Sprint also senses an opportunity to gobble up market share here. Analysts see a lull in iPhone sales in the coming weeks, and understandably so. As more consumers realize that the iPhone 5 may be out in the wild as early as next month, they're not going to pay $199 for an iPhone 4S.
Sure, there are some valid reasons Verizon and AT&T are the country's two largest carriers. Price isn't everything. Still, Sprint is going to do everything it can to make folks paying $199 to Apple, Verizon, or AT&T look silly in the coming days. The only real question now is whether Apple is going to do something about keeping Sprint from disrupting its pricing strategy.
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The Motley Fool owns shares of Apple and Amazon.com. Motley Fool newsletter services have recommended buying shares of Apple and Amazon.com and creating a bull call spread position in Apple. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. Try any of our Foolish newsletter services free for 30 days.
Longtime Fool contributor Rick Munarriz calls them as he sees them. He owns no shares in any of the stocks in this story and is also part of the Rule Breakers newsletter research team, seeking out tomorrow's ultimate growth stocks a day early.The Motley Fool has a disclosure policy.