TIME deals

DreamWorks Animation Mulls Selling to a Japan Bank

Shrek Dreamworks
Dreamworks

Studio’s board reportedly met last week to consider the $3.4 billion bid

DreamWorks Animation, the studio owned by film executive Jeffrey Katzenberg, may have unexpectedly found a buyer in Japan’s SoftBank.

SoftBank, the telecommunications company owned by billionaire Masayoshi Son, offered $32 per share for DreamWorks, a 43% premium to the stock’s closing price Friday, according to the Hollywood Reporter. The DreamWorks board held an emergency meeting last week to consider the $3.4 billion bid, though no official decision has yet to be made.

At this stage, SoftBank is only in talks with the animation company. The deal has not been formally considered by senior executives and at this point is unlikely to be finalized, sources told Bloomberg News.

DreamWorks CEO Katzenberg had previously looked for a buyer for the animation studio. His company has struggled at the box-office in recent years, losing money on such offerings as “Mr. Peabody & Sherman,” which required a $57 million write down. To try to cover losses on the film side, Katzenberg has invested heavily in the television business, including purchasing online video network Awesomeness TV.

SoftBank has significant financial stores to afford the purchase, especially after Alibaba Group went public on Sept. 19. The company holds more than 30% of Alibaba’s shares, which have a market value worth more than $70 billion.

The Japanese telecommunications company has been looking to expand in U.S. media and technology sectors. SoftBank failed to close the deal on its offer to buy T-Mobile US because of regulatory conflicts.

DreamWorks recent expansion into China could make the studio more valuable to SoftBank, especially given its close ties to Alibaba.

Katzenberg helped create Oriental DreamWorks in 2012 in partnership with two other Chinese media companies. The China-based studio produces local-language animation and will co-produce “Kung Fu Panda 3″ in partnership with U.S. DreamWorks.

Alibaba has invested in media assets, including China’s largest online video site Youku Tudou, and is developing a streaming service with California-based Lions Gate.

Katzenberg would likely stay on with DreamWorks. Hollywood Reporter says he would stay for five years to head the studio after an acquisition by SoftBank.

This article originally appeared on Fortune.com

MONEY

Wake Up! Monday Is National Coffee Day and There’s Free Coffee to Be Had

A sea of to-go coffee cups
Paul Kooiman—Gallery Stock

On Monday, September 29, a.k.a. National Coffee Day, plenty of regional and national restaurant chains will pour you a coffee for free—or at most, $1.

Fake marketing holiday or not, Monday, Sept. 29 is being celebrated as National Coffee Day, and that means free (or nearly so) coffee can be had at several donut, fast food, and coffee specialists around the country. Here’s where to score an extra jolt of caffeine on the cheap:

Dunkin’ Donuts: All customers get a free medium cup of Dark Roast CoffeeDD’s new flavor, a surprising one from the chain—on September 29, and from September 30 to October 5, the same coffee (medium size Dark Roast) is being sold at the special price of 99¢.

Kangaroo Express: A 12 oz. cup of the convenience store chain’s Bean Street Coffee costs just 1¢ from 6 a.m. to 10 a.m. on Monday.

Krispy Kreme: Help yourself to a free cup of 12 oz. coffee, or get $1 off a mocha, latte, or ice coffee.

Lamar’s Donuts: The Colorado-based donut chain is giving away free 12 oz. coffees on National Donut Day.

McDonald’s: Monday is actually the culmination of a two-week coffee giveaway at McDonald’s, which has provided one complimentary small coffee during morning hours since September 16.

Original Brooklyn Water Bagel Co.: Customers get a free coffee (hot or ice) with the purchase of any menu item.

Peet’s Coffee & Tea: Participating stores are giving free samples of coffee and espresso, and all beverages are available on a buy-one-get-one-free basis; also, bags of coffee (ground or whole bean) are discounted by $2 apiece at Peet’s on Monday.

Tim Horton’s: The Canadian quick-serve chain gave out free donuts on National Donut Day, but sadly, customers have to cough up actual money for coffee on National Coffee Day. Any size coffee costs $1, and the promotion stretches from September 22 to 29.

Wawa: Fill out a form linked to from the Wawa Facebook page and you’ll get a coupon valid for a free 16 oz. coffee on Monday.

TIME Paycheck Friday

5 Unique Sleep Gadgets for Under $60

Come on, you're making some decent money now. Live a little! Consider blowing your paycheck on these worthy splurges.

Cool or Hot Pillow Pad ($32.75)

GelO_Cool_Pillow_Mat
Human Creations

Your blind date was going well until you embarrassed yourself by passing gas more loudly than a tanker truck replenishing the pumps at 7-11. Back home – alone, natch – your face gets red hot every time you replay the unfortunate incident in your head.

The Gel’O Cool Pillow Mat can cool your face down as you’re trying to fall asleep. Just pop it in the fridge or freezer before bedtime, place it on top of your pillow and then lay your shameful head down. During the winter months, you can shove it in the microwave to heat it up instead.

[Human Creations]

White Noise Machine ($54.95)

LectroFan
LectroSound

You live in a studio apartment with paper-thin walls above a rowdy bar and below a 24-hour daycare center full of teething babies with colic. Next door is a 24-hour doggy day care heralded for its innovative use of outdoor-only barking zones. Across the street is a gun range. That’s 24 hours, too.

This highly-rated white noise/fan-sounds machine is small enough to travel with,

but gets loud enough to drown out even the most egregious hoopla. Not that you’d want to take a vacation: Your place sounds nice!

[Amazon]

Blue-Glow Sleep Mask ($39.99)

sleep mask
Sharper Image

You bring your work home with you. It’s not easy collecting soil samples for a living. All the second-guessing! Did I use the correct trowel? Should I be rotating my wrist to the left or to the right? And how many degrees?!

Thoughts like this normally keep you up at night, but this fancy sleep mask can help you relax your mind by bathing your eyeballs in a soft blue light meant to shift your brain from its beta phase to its alpha phase. Even without the blue-glow feature, the wraparound mask blocks out light while leaving room for your eyes to breathe.

[Sharper Image]

NASA Light Bulb ($59.95)

NASA bulb
Hammacher Schlemmer

At first blush, a $60 light bulb sounds expensive. But you know what’s marginally more expensive? Going to space. That’s what you’d otherwise have to do in order to use this thing. So if you think about it, this NASA light bulb pretty much pays for itself after all the trips you won’t take to space.

You’re supposed to use it in a bedside lamp for a half hour before you go to sleep so it can ramp up your melatonin levels. You can optionally use it at your next dinner party to see if you can get your guests to pass out in their soup.

[Hammacher Schlemmer]

Sonic Boom Alarm Clock ($39.10)

sonic boom
Sonic Bomb

“Enough with trying to get me to fall asleep!” you bellow, slamming your hammy fists on your particle-board workspace as anger-spit forms in the corners of your mouth. “I can’t wake up!”

For you, there’s this ridiculously loud alarm clock.

I sleep and wake like a normal person, so this thing sounds awful. A 113-decibel alarm? Pass. A vibration doodad so powerful it can shake your entire bed? No, thank you. Flashing red lights? I’m good, thanks. There’s nothing quite like being terrified first thing in the morning.

[Amazon]

TIME Paycheck Friday

5 Unique Cell Phone Gadgets for Under $50

Come on, you're making some decent money now. Live a little! Consider blowing your paycheck on these worthy splurges.

Bluetooth-to-FM Transmitter ($36.99)

streambot
Mpow

You pride yourself on owning the most bleeding-edge smartphone that money can buy. Your car, on the other hand, is a 1990 Mitsubishi Mirage with a tape deck. A tape deck! Sure, you could hook your Galaxy S8 — that’s a thing, right? — up to one of those gnarly tape adapters, but this is 2014, Jack. Let’s get with the program.

The StreamBot pairs to your phone’s Bluetooth connection and relays the audio to an open radio station. You can use it for music or as a speakerphone, and there’s a built-in USB port that allows you to charge your phone at the same time.

[Amazon]

iPhone-Android Combo Charging Cable ($27.99)

magic_cable_lightning_connection
Innergie

While the world around you fights over whether iPhone or Android is best, you quietly retreat to the window seat in your childhood bedroom. It reminds you of a simpler time. You feel safe there.

Oh, and you brought your Android phone and your iPad Mini with you. The world must never know. They wouldn’t understand. And seeing that you hate cable clutter, you’ve also packed this two-in-one charging cord. It’s got a Micro USB tip that snaps into a Lightning tip, allowing you to charge just about any device that’s currently on the market. It’s simple and safe. Like your childhood.

[Innergie]

Bluetooth Gloves ($49.99)

bluetooth gloves
hi-Fun

That guy walking down the street who looks like he’s talking to himself? He’s using a Bluetooth headset. He looks crazy, but you eat crazy for breakfast.

One-up the insanity by talking into these Bluetooth gloves like a lunatic. The pinkie acts as the mouthpiece, while the thumb serves as the earpiece. Sure, people will stare, but while they’re rubbing their eyes and breathing through their mouths in disbelief, you’re selling mildly abrasive cleaning supplies to the third largest school district in the county. Crazy like a fox!

[ThinkGeek]

Lipstick-Size Emergency Battery ($17.99)

ravpower
RAVPower

“Can I borrow your lipstick?” one of your sassy girlfriends will ask. “Not unless you need to recharge your FACE!” you’ll howl back. “You’re such a Samantha!”

Clearly, I have no idea how female relationships work, but this inconspicuous backup battery can provide more than a full charge for most modern phones and slips into your Kate Spade without taking up too much space. There are several color options available, including more masculine hues if you’re not into the whole lipstick motif.

[RAVPower]

Retro Handset ($6.99)

handset
Echo Logico

If you think Bluetooth is some sort of dangerous dental affliction, perhaps it’s time to uncomplicate certain aspects of your personal technology collection.

This retro handset plugs into the headphone jack of your phone and lets you telecommunicate like people used to back in the good old days. Back when kids didn’t sass their parents and gas cost a nickel. Get off my lawn!

[Amazon]

TIME deals

Wynn Gets a Boston-Area Casino License

Massachusetts Gambling Boston
This file artist's rendering released March 27, 2013 by Wynn Resorts shows a proposed resort casino on the banks of the Mystic River in Everett, Mass. AP

But opponents have won the right to hold a statewide referendum on gaming in the fall

Wynn Resorts has won a license to bring a $1.6 billion casino to Everett, Mass., a Boston-area town with a polluted waterfront and a big bet on gaming to raise its middling fortunes.

The Massachusetts Gaming Commission voted 3 to 1 on Tuesday afternoon to award the sole license available near Boston to the Las Vegas–based gaming giant Wynn Resorts — and not to Mohegan Sun, the Connecticut-based developer that had pitched to build a $1.1 million casino in Revere, another Boston-area town that is seeing tough times.

Both towns had, over the past several months, staged public relations campaigns in which each claimed to be harder-up and less attractive than the other and thus more in need of a casino’s heady injection of jobs and cash.

Meanwhile, the two gaming juggernauts had each wagered that their stimulus package was richer than the others and would lift not just the fortunes of a single town but also plug holes in Massachusetts’ hemorrhaging coffers.

“You won’t recognize the city of Everett, hopefully, in 10 years,” Everett Mayor Carlo DeMaria told the Boston Globe.

“We will no longer be the butt end of the city of Boston,” he said. “We will be the entrance to the city of Everett.’’

This is the second of three casino licenses to be awarded in the state, after a 2011 law legalized gambling and created three casino licenses, plus one slots-parlor license, which has also been awarded. Contentious battles have flared among big-name casino developers vying over the licenses, as well as between the gaming giants and those in Massachusetts who oppose the state’s use of gaming as a fix for its budget woes.

Casino foes have won the right to hold a statewide referendum on the gaming law in November. Critics say casinos do more harm than good to their municipal hosts, breeding crime and tanking property values, while others worry that the Northeastern market is too saturated and competitive for Massachusetts’ proposed casinos to generate the tax bounties they are touting.

MGM Resorts International, which won the first casino license, in Springfield, is holding off on building its complex until voters go to the polls, but the winner of the slots license, Penn National Gaming, is going ahead. Early polls on the referendum have been divided.

Wynn claims its casino will create more than 4,000 permanent jobs, plus about 3,000 construction jobs, and it has pledged Everett about $30 million in local enhancement projects and $45 million in traffic improvements. It has projected that its casino would haul in annual revenue of $800 million a year, more than $200 million of which would go to the state as gaming tax.

TIME Companies

Alibaba Raises Size of IPO to $21.8 Billion

Alibaba IPO Raised to $21.8 Billion
A logo hangs on the wall at the Alibaba.com head office in Hangzhou, China. Bloomberg via Getty Images

At $21.8 billion, Alibaba would have the largest U.S. IPO of all-time, plus the largest tech IPO of all-time

fortunelogo-blue
This post is in partnership with Fortune, which offers the latest business and finance news. Read the article below originally published at Fortune.com.

By Dan Primack

Chinese Internet giant Alibaba Group today increased the proposed price range for its upcoming IPO from $60-$66 per share to $66-$68 per share. At the high end of its revised range, the company would raise more than $21.76 billion from the offering, and have an initial market cap of approximately $167.6 billion. It did not increase the number of shares being offered, as Facebook did in the run-up to its 2012 IPO.

Alibaba kicked off its IPO road-show last week, and reportedly filled its book after just two days. It is expected to price the offering this Thursday night, and begin trading the following morning on the New York Stock Exchange under ticker symbol BABA.

There had been some speculation that Alibaba would increase its upper price range to $70 per share, which it still has time to do. The company also could maintain its current range and still price higher (or lower) on Thursday night.

At $21.76 billion, Alibaba would have the largest U.S. IPO of all-time, plus the largest tech IPO of all-time. But it still would fall a bit short of the largest global IPO mark of $22.1 billion, which was set by Hong Kong-listed Agricultural Bank of China.

MONEY freebies

McDonald’s Is Giving Away Free Coffee for the Next 2 Weeks

All McDonald's customers get free coffee during breakfast hours over the next two weeks, starting Tuesday, September 16.

From September 16 to 29, participating McDonald’s restaurants around the country are giving one free small McCafé coffee per customer during the location’s breakfast hours—generally from around 7 a.m. to 10:30 a.m.

The move comes at a time when the world’s fast food giants are embroiled in a battle for consumers’ breakfast dollars, when on-the-go Americans are less likely to be eating cereal or anything else at home—and are more prone to swing by a chain restaurant for a quick fix of calories and caffeine. After Taco Bell launched a breakfast menu earlier this year (and also launched some funny ads poking fun of Ronald McDonald to generate attention), McDonald’s responded by giving away coffee for a 14-day period starting in late March.

The new coffee giveaway, roughly six months after the first one, is basically a repeat performance, a McDonald’s statement explained: “This event builds on McDonald’s first-ever Free Coffee Event launched in March, when the company gave away millions of cups of free coffee during the two-week period.”

With a two-week giveaway in the fall, a few weeks after the new school year started—when mornings for families and students still feel exceptionally hectic and harried—McDonald’s is likely seeking to position itself as a quick and convenient habit that’ll help you get your day started a little easier. The idea is to give out lots of free coffee now, with the goal being that 1) customers will buy breakfast when they’re picking up free coffee; and 2) customers will keep coming back for breakfast and coffee (and perhaps lunch and dinner, too) long after the freebie promotion is over.

It also must be noted that the promotion comes on the heels of McDonald’s suffering through a horrible month for sales in August, when global same-story sales were down 3.7%. Giveaways are always known to juice sales, and McDonald’s is hoping that this giveaway more than pays for itself in the form of boosting sales in the long run.

MONEY health

How the Flu Shot Became the New Doorbuster Deal

Flu Shots
Yagi Studio—Getty Images

Pharmacies are using coupons and early season promotions in an aggressive competition to give flu shots to more Americans. The hope is that these efforts give their overall sales a shot in the arm.

Take a look at any chain pharmacy in your neck of the woods, and odds are it’ll be advertising special deals on flu shots. The trade publication Supermarket News recently rounded up a list of promotions showing that retailers are getting “creative” to encourage more customers to get flu shots. CVS promises shoppers that they’ll get a free flu shot (with most insurance plans), as well as a “shopping pass” valid for 20% off non-sale merchandise on the day you’re vaccinated. Safeway knocks a flat 10% off your grocery bill when you come in to get a flu shot. Target is waving a deal of 5% off your total purchase on the day you get a flu shot, which can range in (retail) price from $24.99 to $49.99. Get vaccinated at a Giant Food store and you’ll be rewarded with a coupon book good for savings of more than $30.

What’s more, just as retailers are constantly expanding the Christmas season with promotions and ads that start earlier and earlier every year, pharmacies are trying to beat the competition to the punch by pushing flu shots long before flu season is on the radar of consumers. Walgreens, which is utilizing a “Get a Shot. Give a Shot.” marketing campaign to win over consumers’ flu shot business—money raised helps poor children around the world get vaccinated—announced back on August 19 that all of its stores, health care clinics, and Duane Reade locations (which it also owns) were armed and ready to administer flu shots. Rite Aid actually beat Walgreens by a week, informing customers that flu shots were available at all of its stores starting on August 12, more than two weeks before Labor Day weekend.

There’s certainly nothing wrong with stores encouraging Americans to protect their health by getting flu shots. The CDC recommends annual flu vaccinations for almost everyone ages 6 months and up.

Yet it still seems fair to question the motivation of the flu shot peddlars. You don’t have to be a cynic to see that retailers promote flu vaccinations and other health-minded initiatives at least partly out of self-interest. When CVS stopped selling tobacco products, it was regarded first and foremost as a win for the health of all Americans, but it has also come to be seen as a savvy business move that’s helped the drugstore chain stand out from competitors in the marketplace and boosted the company’s stock price significantly.

With that in mind, it’s worth noting that flu vaccinations are very profitable for drug makers and drugstores alike. Sales are increasing rapidly in the age of Obamacare and increased coverage too. Forbes reported in 2013 that the number of flu shots administered by CVS had more than doubled the previous year. For the first quarter of 2014, immunizations at Walgreens were up 34% compared to the previous year. In early September, Meijer Pharmacy announced that it expects to administer 30% more flu shots this season compared to a year ago.

An increase in flu shots means an increase in shoppers, who are especially likely to browse the aisles and buy stuff when they’re given a coupon for discounted merchandise that day. So in a way, flu shots are not unlike loss leaders or Black Friday doorbuster deals: They’re handy for helping retailers to draw loads of customers inside stores. Only with flu shots, pharmacies aren’t losing money each time one is sold, which is often the case with deeply discounted “doorbusters.” Drugstores must also like establishing the idea in the minds of consumers that a store that’s good for vaccinations is also probably a solid go-to resource for nearly all of the customer’s health needs, preventive care in particular.

Varying advice on when flu shots should be administered may raise some eyebrows as well. No one gets more than one flu shot (at least not on purpose), so there’s a natural incentive for pharmacies to try to get their needles into the shoulders of shoppers before the competition does. But is getting a flu shot while it’s still summer a good idea?

Rite Aid certainly thinks so. “Getting a flu shot as soon as it is available is the single best way to protect yourself and others against the flu,” Robert I. Thompson, Rite Aid executive vice president of pharmacy, said in a press release.

“The best time to get a flu shot is not October, but actually before or soon after school starts,” Meijer Drug Store Vice President Nat Love said in a statement. “Once classes begin, kids can literally bring viruses into your home every day, and it becomes difficult to keep influenza from spreading throughout the whole family. There is no expiration date to receiving a flu shot, so the sooner you get your flu shot, the better chance you have of staying healthy.”

As for the CDC, its recommendations for timing are as follows: “Vaccination optimally should occur before onset of influenza activity in the community. Health care providers should offer vaccination soon after vaccine becomes available (by October, if possible). Vaccination should be offered as long as influenza viruses are circulating.”

That would seem to settle that. Only it doesn’t because not everyone is on the same page. Dr. Mark Dowell, an infectious disease doctor at Rocky Mountain Infectious Diseases, recently told the Casper Journal (Wyoming) that because a flu shot’s efficacy starts wearing off as early as four months after being injected (perhaps sooner if you’re over 65), you could be asking for trouble by electing to being vaccinated before October 1. “If you get your flu shot too early,” Dr. Dowell said, “you may run out of protection before the peak flu season hits in Wyoming.”

It also seems worth pointing out that, at times, marketers seem guilty of stretching the truth in order to give customers the hard sell on flu vaccinations. “Following a second straight severe flu season in the U.S., and one which impacted younger adults in particular with increased hospitalizations, health officials are encouraging early vaccination to help protect against influenza this season,” a Walgreens statement released in August explained. Indeed, the CDC verifies that the flu hit young people particularly badly in 2014. But overall, it was not a “severe flu season” like Walgreens suggests. In fact, despite the brutally cold winter, cough and flu medicine sales from giants like Procter & Gamble were weak, indicating fewer people were sick.

And, ostensibly, a big reason fewer people were sick is … because they’d gotten flu shots!

So go on and get your flu shot. But go in with your eyes wide open, understanding how the game is played.

TIME Paycheck Friday

5 Unique Drinking Gadgets for Under $50

Come on, you're making some decent money now. Live a little! Consider blowing your paycheck on these worthy splurges.

Digital Beer Koozie ($20)

koolernaut
Beer Outlaw

So much real-time data in this world, and here you are drinking beer without knowing its exact temperature.

The Kool-er-naut brings the tried and true Koozie into the 21st century, with an LCD thermometer and a freezable ice puck that slips into the bottom of this newfangled apparatus for some extra coldness. As a bonus, there’s a chart on the back of the Kool-er-naut that tells you the optimal temperature for various styles of beer.

[Kickstarter (ships October-ish)]

Drink-Making Scale and App ($49.99)

perfect drink
Brookstone

What a time to be alive! Put a glass down on this scale, and its connected app tells you how much of each liquid and ice to pour into your drink (there are hundreds of drink recipes to choose from). If you overpour one of the liquids, the app will readjust the amounts of the remaining liquids on the fly. You can also tell the app which types of booze you have on hand and it’ll return only recipes that can be made with said booze.

[Brookstone]

BeerBelly Booze Smuggler ($29.49)

beerbelly
BeerBelly

I’m no mathlete, but it seems like this fake beer gut would pay for itself before halftime at any exorbitantly-priced sporting event. Simply funnel 80 ounces of your favorite libation into this wearable polyurethane bladder, slip it on under your shirt and waddle through the turnstile looking like any other overweight American. For the ladies, there’s this wine-holding sports bra, too.

[Amazon]

Spinning Beer Chiller ($29.99)

spinchill
SpinChill

Stick a beer into a pile of ice and spin the can around a bunch of times. It’ll eventually get cold. How? Scients. “That’s not how you spell science.” Eh, I’ve heard it both ways.

Now attach the can to this hand-held spinning doohickey that rotates the can much faster and — you guessed it – the beer gets colder faster. The SpinChill can cool a can in one minute, a 12-ounce bottle in three minutes, and a wine bottle in five minutes.

Tailgate-in-a-Box Kit ($39)

instagate
Instagate

Tailgates? Fun. Lugging all the stuff to tailgates? Not fun. Cleaning up all the stuff once you’re stumbling around like a toddler during an earthquake? The utmost in un-fun.

The Instagate one-time-use kit packs a grill, grilling tools, 60-quart cooler, lighter/bottle opener combo, beer pong set, 10 sets of utensils, 12 cups, 10 plates, 20 napkins, 20 condiment packets, and some garbage bags to clean everything up when you’re done. Oh, and the cardboard box folds out into three little tabletops.

[Kickstarter (ships November-ish)]

MONEY deals

The Apple Store Is Now the Last Place You Should Buy Your iPhone

customer carrying Verizon bag
David Paul Morris—Bloomberg via Getty Images

For the best deal on a new iPhone, avoid the company that actually makes the device.

UPDATE—5:12 P.M.

In the past, it didn’t really matter where you bought your iPhone. It would cost the same upfront, and you’d be presented with the same plan and pricing options almost anywhere you went to make the purchase.

Over the years, however, retailers and providers have periodically offered discounts and other perks—trade-in and sign-on bonuses, special gift cards, etc.—to set themselves apart from the competition and win the business of more iPhone customers. This week’s unveiling of the iPhone 6 and 6 Plus has been accompanied by particularly compelling deals from Sprint and Verizon, among others. And what makes these deals especially interesting is that they can’t be had by consumers buying directly from Apple.

In other words, all of those people camped out at the Apple Store in anticipation of buying the new iPhone are waiting at the wrong place if what they want is the best deal. (Admittedly, the most fanatical Apple fans aren’t waiting in line for days in order to get a good price—they’re in it for other, mostly illogical reasons.)

Sprint rolled out two special deals for the new iPhones: an unlimited talk, text, and data plan for $50 per month with either the iPhone 6 or 6 Plus; and an “iPhone for Life” plan that includes all of the above plus a free iPhone upgrade every two years, at a cost of $70 per month for the iPhone 6 16GB. Note that the latter is a lease: You’re technically paying $20 monthly for the phone, plus $50 a month for the service plan. Because it’s a lease, when you upgrade, Sprint gets to resell the old phone, not you. Also, note that for both of these deals, customers pay $0 upfront when signing up. (The lease option costs $0 upfront for everyone, and for the $50/month plan, Sprint gives new customers a credit up to $300 for trading in an old phone, which should cover the initial cost of a new iPhone.)

Finally, note that for now at least, these offers aren’t available from Apple. “Both the Sprint Simply Unlimited Plan – unlimited data, talk and text for $50 per month – and the iPhone for Life lease option ($20 for 16 GB iPhone 6) are available through Sprint branded stores, sprint.com and Sprint telesales,” a Sprint spokesperson clarified to MONEY via e-mail. “At this time, iPhone for Life Plan is not available at Apple stores.”

T-Mobile, meanwhile, announced that starting September 17, it’ll beat any old phone trade-in offer from Sprint, AT&T, or Verizon by $50. Verizon Wireless promises a $200 gift card for customers who are trading in an iPhone 4 (or later model) and are signing up for a new two-year contract. The credit essentially offsets the $199 upfront cost of the iPhone 6. AT&T just announced that new and existing customers will get a $100 bill credit when registering a new iPhone for service by September 30.

What all of these deals have in common is that they’re not available to shoppers who buy iPhones at Apple Stores or Apple.com. Apple has its own trade-in programs and promotions, but ironically, the iPhone’s manufacturer offers the worst deals of all. Go into an Apple store on September 19 (assuming you can fight through the crowds) and you’ll be able to pick up a brand new iPhone 6 starting at the carrier-subsidied price of $199. Apple also offers the AT&T Next program, in which customers can upgrade their phone as soon as once every 12 months.

And… that’s about it. The company offers a recycling program where customers can get money off their next purchase or an Apple gift card in exchange for old Apple hardware. Unfortunately, this program pales in comparison to similar initiatives from Verizon and T-Mobile. An iPhone 4 in good condition will get you $60 from Apple, compared with $200 from Verizon—and even more from T-Mobile, which again will match competitor’s trade-in offers and top it by $50. There are many other options for selling an iPhone on your own that’ll net far more cash than what Apple would offer.

[An Apple spokesperson later contacted us to point out that Apple stores offer services that carrier locations do not, such as setting up a customer's iPhone to connect with iCloud, downloading their favorite apps, and otherwise helping iPhone buyers get comfortable with their devices.]

The new iPhones are officially on sale as of September 19, and preorders are being accepted starting September 12. We understand that buying an iPhone at an Apple Store is part of “the experience” for some consumers. Just bear in mind that by doing so, you’ll likely be paying a price beyond the time you spent waiting in line.

Related:
Apple Pay Is Here—And There’s One Big Problem
Why Only Apple Has What It Takes to Disrupt Our Wallets
Watch Apple’s Big Product Launch in Less Than 2 Minutes

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