T-Mobile just started the ‘race to the bottom’ on iPhone spending

Apple’s new payment plan for iPhone might be an attempt to snatch the play from carriers, but T-Mobile is having none of it. A day after Apple’s event, T-Mobile announced its own lower-priced payment scheme. The race to the bottom is on. An iPhone 6s starts at $20 per month with T-Mobile. The iPhone 6s Plus —- a mere $24 each month. Apple is asking that you spend about $32 and $37 per month, respectively. While there are stark differences — Apple lets you choose your carrier, and you’ll get an unlocked device — this might signal a new day…

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