Apple Doesn't Want Your Cash (Credit Only, Please)

from the cash-not-wanted-here dept

With reports of huge numbers of iPhones being purchased to be unlocked and resold, it looks like Apple trying to clamp down a bit on the process by changing the rules for purchasers: requiring credit cards for purchases and limiting order to only 2 iPhones at a time. This is similar to what the original "launch day" limitations were. The credit cards let Apple track purchases more carefully (though, you have to wonder what good that really does) and the two person limit makes life harder for unlocker/resellers -- but also makes it more likely that parents will be able to pick up iPhones for their kids this holiday season. As for whether or not it's legal to turn down someone handing over the requisite amount of cash, we'll just let the US Treasury Department explain that it's perfectly fine. The whole "legal tender" bit doesn't mean anyone has to accept your cash.

A bigger question, though, is why Apple would bother? The resellers are likely to figure out ways around these limitations anyway, and it just seems more likely to cause problems for legitimate purchasers (especially younger ones who might not have a credit card yet). And, while it is true that Apple makes money from every iPhone with AT&T service, it's silly to completely shut off unlockers, who still are giving Apple plenty of money that they might not hand over if they were forced to go with AT&T service (especially those from foreign countries where iPhone service is not offered). This really seems like an unnecessary restriction that isn't likely to help Apple very much.

Filed Under: cash, credit, iphone, unlocking
Companies: apple


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  1. identicon
    TheDock22, 29 Oct 2007 @ 8:33am

    No big deal...

    Apple must honor their contracts and also they must make sure they have enough supply for the Christmas season, so why is this a big deal?

    Beside, most of the children Mike claims are too young for credit cards who have enough money to buy an iPhone already have a credit card, probably supplied as a supplement off of their parent's account. I mean, I've had a credit card since I was 13, but my it was linked to my parent's account.

    I don't think this is an extravagant way to deal with the situation. There are plenty of ways Apple could have handled this that would have been more hassle for customers than simply requiring a credit card.

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