DealNews: Want an iPhone 7? Wait until February for best buy – Palm Beach Post


View CaptionHide Caption If you have an older iPhone such as the6 or 6 Plus,shown here, you might want to wait until next year to upgrade.

If you’re still toting an Apple iPhone 5, 5s, 6 or 6s, you might want to wait a few months months to upgrade to an iPhone7.

DealNews says now is a terrible time to buy an iPhone. That’s because with the iPhone8 is expected to be released in September or October, so discounts on the iPhone 7 won’t be far behind.

READ ALSO: AT&T upgrades more than 130 cell sites across South Florida

DealNews keeps records of iPhone price trends dating back to 2011. Its data shows that older iPhones are generally discounted in the fall, after the latest-generation model is announced.

If you’re looking for maximum savings, you should delay your purchase of an iPhone 7 until February when you could snag one for as little as $300, DealNews advises.

READ: Apple’s next iPhone may cost $1,200, report says

Regional carriers like Virgin Mobile and Boost Mobile, as well as sites like eBay, Sears, Walmart, and Target generally have the best iPhone sales — DealNews advises checking those when you’re ready to buy.

By the way, the iPhone 8 is expected to be “insanely expensive,” DealNews says. It might be priced at more than $1,000.

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Here’s a look at iPhone price fluctuations for based, unlocked models over the last few years, according to DealNews.

• The iPhone 4s launched on October 14, 2011 at $649. By the following June, Virgin Mobile was already selling it for $100 off. The phone didn’t see any other major discounts until October 2012, a year after it first hit store shelves, when it fell to $400 at Target a month after the iPhone 5 made its debut.

• It was a similar story for the iPhone 5, which went on sale September 21, 2012 at $649. It hit $550 at Virgin Mobile the June after its debut, and dropped to $405 in October 2013 — not long after its successor, the iPhone 5s, was announced. By the end of 2013, it was selling for less than $400.

• The iPhone 5s hit shelves on September 20, 2013 for $649. It started seeing discounts early the following year, dipping as low as $385 that March at Virgin Mobile. After the iPhone 6 was announced in the fall of 2014, the iPhone 5s could be found for $500 on eBay. A year later, the iPhone 6s launched and the two-year-old iPhone 5s dropped to $299 at Walmart.

• The iPhone 6 was released on September 19, 2014 at $649. Before the end of that year, it could be found for $640 on eBay. It didn’t dip below $600 until September 2015, when the handset reached $500 on eBay the same month its successor, the iPhone 6s, was announced. By February 2016, it had dropped to $380 at Boost Mobile. It then reached $300 that September at Best Buy, around the time the iPhone 7 made its debut.

• The iPhone 6s was went on sale September 25, 2015 for $649 and saw a pretty sweet discount right away. Boost Mobile customers were able to snag the handset for $450 when it was brand new. In December 2016, a little over a year after its debut and shortly after the iPhone 7 came out, the iPhone 6s dropped to $399 at Walmart. This past February, you could get it for $350 at Boost Mobile.

• That brings us to the iPhone 7 (Apple’s current flagship), which was released on September 16, 2016 with a starting price tag of $649. By January of this year — just three months after its launch — you could find it on eBay for $630. Looking ahead, we may see the price of the iPhone 7 drop to $500, or even as low as $400, before the end of 2017 — possibly as early as October. If you can wait until February, however, you may be able to find the iPhone 7 for as little as $300.

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