updated 11:30 pm EST, Tue February 22, 2011
Full discount for unsubsidized pricing
Verizon is reportedly offering a special promotion for Apple Store staff, allowing employees to sign up for a Verizon iPhone contract for as little as $25 per month. The best monthly rate requires users to pay the full unsubsidized price for the iPhone, which starts at $650 for the 16GB version and jumps to $750 for the 32GB variant.
Employees can also obtain the iPhones for the discounted prices of $200 and $300, respectively, but they must pay the standard monthly rate for 10 months before the price drops back down to $25 for the last 14 months of the contract, according to details posted on ifoAppleStore.
Both options fetch a significant savings when spread across a two-year period. The plans include unlimited talk time and texts, along with 'unlimited' data, which carries a $120/month price for standard customers. The basic plan with 450 minutes of talk time and a data plan equates to $90/month.