06-29-2009, 10:17 PM
Let's say I"m a current iPhone user on AT&T, having just upgraded to the new 3GS.
So I go out and buy another 32GB iPhone 3GS for $299 (assuming I can find one) and activate an additional line on my account (so I incur an additional line charge of $9.99/mo and data plan of $35/mo).
Then let's say I cancel the additional line by paying the $175 (or is it $200?) ETF. So total I'm in for on the iPhone is around $500. I then sell the iPhone for $700/$800 on fleabay. Then repeat the process (or buy a couple the first time around).
What's the fly in this ointment?
So I go out and buy another 32GB iPhone 3GS for $299 (assuming I can find one) and activate an additional line on my account (so I incur an additional line charge of $9.99/mo and data plan of $35/mo).
Then let's say I cancel the additional line by paying the $175 (or is it $200?) ETF. So total I'm in for on the iPhone is around $500. I then sell the iPhone for $700/$800 on fleabay. Then repeat the process (or buy a couple the first time around).
What's the fly in this ointment?