I’d just like to go on record stating that I hate cell phone subsidies. GET A NEW IPHONE FOR $200!!!! Unless you’re an existing customer, then prepare to fork out, like, $600.
I, for one, would vastly prefer to pay more for my handset in return for a smaller monthly bill, and no contract.
Yes, I know I can go contract-less, and I would, if I got a break on a rate. But you don’t. You get the same rate, and you get to pay retail for your phones. Which is so much fun.
Don’t get me started on ETFs, either.