this post was submitted on 16 Sep 2023
255 points (95.4% liked)
Data Is Beautiful
6884 readers
237 users here now
A place to share and discuss data visualizations. #dataviz
(under new moderation as of 2024-01, please let me know if there are any changes you want to see!)
founded 3 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
I want the better camera and larger screen, but I do not want to pay full price. Verizon won’t subsidize it for me because I am still “paying off” the “free” iPhone 13 they gave me when I traded in my pretty new iPhone 11. The “free” consists of them billing me $22 a month, and them paying that charge themselves on the same bill. I’m sure there are explanations for how this benefits them, but I struggle to understand this Rube Goldberg billing strategy.
It could be a tax thing, move some of their expenses to a different year? Or they were able to negotiate leasing from the supplier, instead of paying up front they use the money to invest in the company or invest it / stock buybacks.
I'm not a finance guy or have any special knowledge. Above is pure speculation.