This New Carrier Is Getting the iPhone 5

iPhone 5 2012

Virgin Mobile will soon become the next U.S. carrier to offer Apple’s (NASDAQ:AAPL) iPhone 5. Beginning June 28, the iPhone 5 will be available to Virgin Mobile customers with the carrier’s pre-paid “Beyond Talk” plans.

Is Apple now a once-in-a-decade buying opportunity? Click here to get your 24-page Ultimate Cheat Sheet to Apple’s Stock now!

The 16-gigabyte iPhone 5 will go on sale for $550 at Virgin Mobile’s brick-and-mortar retail locations. The 32-gigabyte and 64-gigabyte iPhones will be available for online sales for $650 and $750, respectively.

The “Beyond Talk” plans start for as little as $35 a month, but users can qualify for a $5 a month discount on any of the plans if they sign up for an automatic payment plan through a credit, debit, or PayPal account. The entry-level “Beyond Talk” plan includes 300 anytime minutes, unlimited messaging, and 2.5 gigabytes of 3G or 4G speed data a month.

Customers looking for more monthly minutes can pay $45 a month to get 1200 anytime minutes, while $55 a month gives customers unlimited anytime minutes. However, all of the “Beyond Talk” plans are limited to 2.5 GB a month of high speed data. Users that surpass the 2.5 GB monthly data threshold will have their data speed throttled.

Virgin Mobile already offers older models of Apple’s flagship smartphone. The 16-gigabyte iPhone 4S and the 8-gigabyte iPhone 4 are both currently on sale for 15 percent off the regular prices.

Apple’s iPhone 5 was released last year and is available from all the major U.S. carriers. However, Apple has recently been expanding its reach to smaller pre-paid carriers like Virgin Mobile. Virgin Mobile is a subsidiary of Sprint Nextel (NYSE:S). Here’s how Apple and Sprint have traded so far today.

NEW! Discover a new stock idea each week for less than the cost of 1 trade. CLICK HERE for your Weekly Stock Cheat Sheets NOW!


Follow Nathanael on Twitter (@ArnoldEtan_WSCS)

Don’t Miss: Is This the Long-Awaited iPhone 5S?