BofA: Apple iPhone demand seen supported by higher carrier incentives
Bank of America analyst Wamsi Mohan said U.S. wireless carriers are raising incentives to largely offset higher iPhone prices, with maximum trade-in credit for iPhone 18 Pro Max increased to $1,200 from a prior lower level.
S. wireless carriers are increasing incentives to largely offset the higher prices for consumers, according to Bank of America analyst Wamsi Mohan. The maximum trade-in credit for the iPhone 18 Pro Max has risen to $1,200, up from the prior level in the source text.