Apple doesn’t want your cash… At least not for iPhones

Oct272007 1:45AM — JohnShare This

In a hopeless effort to stop the resale of unlocked iPhone, Apple has introduced a new policy limiting customers to both paying with a credit or debit card and limiting sales to 2 iPhones per person. Apple estimates that over a quarter million of the 1.4 million iPhones sold have been unlocked causing then substantial financial losses as AT&T pays Apple monthly for each iPhone service plan sold.

Perhaps Apple really doesn’t get “stopping piracy” as much as MadDogg Steve Jobs’ open letter would suggest. Not accepting cash isn’t going to hurt the unlocked iPhone resellers, they’ll use disposable credit cards or Apple Store gift cards to purchase their iPhones, while people who legitamately just want to buy one with cash wont be able to. Anti-Piracy hurts your customers, always.

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