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

Oct272007 1:45AM — John

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. Read More...

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