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Apple limits iPhone purchases

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On October 29, 2007, 3:01 PM EST

In a bid to stop (or at least slow) people from purchasing and then unlocking and reselling iPhones, Apple announced this weekend it will limits sales of the phone to two per person. In addition, the company also said it would refuse to let people pay in cash for the phones, insisting on credit or debit card payments so sales can be tracked.

Last week, Apple Chief Operating Officer Tim Cook said a fifth or more of all iPhone users are buying these units with the intention of unlocking access to other carriers, totaling about 250,000. While Apple is reportedly making some healthy profits on each phone sold, some analysts believe it also receives a whopping $18 per month from AT&T for each iPhone customer, meaning unlocked iPhones are costing Apple millions of dollars.

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User Comments (1)

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shl0791
on October 30, 2007
1:09 AM
wow, and I thought Microsoft was worse. Please buy your copy of vista, only 2 per household, and you can't install software not made by microsoft, nor resell it with a crack.The iPhone, being so much more popular than the ibooks or imacs, is getting hacked first. I can't wait until the imacs get really popular too just to show that they can get hacked and get virii.

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