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Apple Refuses Cash for iPhone Purchases

Tech Giant Also Limits Sales to Two Per Person to Thwart Resellers

Posted: 2007-10-29 08:13:49

Filed Under: Money

SAN JOSE, Calif. (Oct. 29) -- Apple Inc. no longer accepts cash for iPhone purchases and now limits sales of the cellphone to two per person in a move to stop people from reselling them.

The new policy started Thursday, said Apple spokeswoman Natalie Kerris. Before then, there was no cash restriction and the purchase limit was five per person.

"Customer response to the iPhone has been off the charts, and limiting iPhone sales to two per customer helps us ensure that there are enough iPhones for people who are shopping for themselves or buying a gift," Kerris said. "We're requiring a credit or debit card for payment to discourage unauthorized resellers."

More than 1.4 million units of the hybrid cellphone-iPod have been sold since it debuted on June 29, according to Apple. It is expected to be a hot gift for the holidays.

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The Mac remains a winner for Apple. For the three months that ended Sept. 30, the tech giant said it shipped about 2.16 million Mac computers.

Apple thinks some people already have purchased multiple iPhones to resell, including those looking to modify, or "unlock," the phones so they work on networks other than Apple's carrier partner in the United States, AT&T Inc.

Apple estimates that buyers of 250,000 of the iPhones sold so far intended to unlock them, Apple's chief operating officer Tim Cook said in a conference call with analysts this week.

Apple's attempts to prevent that "unlocking" activity, which included a software update that blocked the workarounds hackers had developed, have frustrated users — and sparked two lawsuits.

Copyright 2008 The Associated Press. The information contained in the AP news report may not be published, broadcast, rewritten or otherwise distributed without the prior written authority of The Associated Press. All active hyperlinks have been inserted by AOL.

2007-10-29 07:23:56

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7 comments

glimpseoflove 12:40:49 AM Oct 30 2007

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new website.... http://www.tineataexhibit.com

mrmktg1 07:30:35 PM Oct 29 2007

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It's an excuse to gather personal data from buyers and it should be illegal. Besides the fact that once you purchase a product you can do what you want with it and the former owner has no right to hinder you from re-selling, giving it away or discarding it.

Zuwusontao 12:22:00 PM Oct 29 2007

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JORDAN,NIKE,NBA shoes $20 per pair! Cheap and fine ,all in ?NST?. Welcome to http://www.netsowntown.com for more information.

nakedfish9 10:56:00 AM Oct 29 2007

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I just checked the dollar in my wallet and it says "This note is legal tenderfor all d ebts public and private" I love how these companies can make their own rules. any lawyers got an answer?