Samsung is clearly desperate for sales, but customers who are planning to purchase one of its new flagship smartphones will rejoice over the new offer the South Korean manufacturer is dangling to entice people to buy its newest smartphones.
Samsung has promised to pay for customers' monthly device installments for the Galaxy S6, Galaxy S6 Edge, Galaxy S6 Edge+ and Galaxy Note 5 starting now until 2016 by way of a rebate.
The rebate, however, is limited to $120, so Samsung will only pay for customers' monthly installments for the first three months of the plan.
Customers who sign up for installment plans with Verizon, T-Mobile, Sprint and U.S. Cellular are all eligible to receive a rebate. Unfortunately, customers who prefer to use AT&T's network are not eligible for an unspecified reason.
Samsung also wants to sweeten the deal for iPhone users, in the hopes that it can attract some of its biggest rivals' loyal customers to switch over. Apple defectors can trade in their old iPhone 4s, 5, 5s, 6, 6 Plus, 6s or 6s Plus and receive $100 in Google Play Store credit, on top of the existing $120 rebate Samsung offers to everyone.
This is a limited-time offer that runs until Oct. 9. Customers who want to avail of the rebate will have to visit the promo's website and fill out a form asking for their email address and other information pertinent to their device. Those who are trading in their old iPhone must preregister before purchasing their new Galaxy phones. All offers must be redeemed online until Oct. 16.
Alternatively, customers may also go the old-fashioned route by mailing in their claims, along with their old iPhone if applicable. Claims sent through the post must be postmarked Nov. 9 and received by Nov. 19.
Despite Samsung's four premium flagships touted as some of the best high-end smartphones on the market, the company is expected to post disappointing figures for the third quarter as the smartphones are not selling as well as Samsung would like. Data compiled by South Korean financial data provider FnGuide estimates that Samsung has generated 6.61 trillion won, or $5.66 billion, in profits in the quarter that ends in September, down 12 percent from previous expectations.
