T-Mobile Offers IPhone 6s For $5 a Month With Trade-in

Mobile reported record sales for the iPhone 6s despite facing increased competition from Apple Inc. and other wireless carriers offering installment plans. The company did not provide specific sales numbers.To celebrate beating last year's pre-orders for the iPhone 6, T-Mobile is offering subscribers of its Jump upgrade program a $5 a month installment plan for the iPhone 6s with 16 gigabytes and $9 monthly deal for the iPhone 6s Plus 16 GB with the trade-in of an iPhone 6 or iPhone 6 Plus. The iPhone 6s is available for $20 a month without a trade-in. "The crazy demand we're already seeing tells me the carriers' customers just aren't buying their BS anymore," T-Mobile CEO John Legere said. Shares of T-Mobile were up 1% to $42.78 in recent trade. They are up 8% over the last three months, outperforming the broader S&P 500, which is down 8.5%.