Sunday, October 28, 2007

Apple Says "No Cash Please And You Are Allowed To Buy Only 2 iPhones"

Apple cracked whip again on iPhone resellers and pirates by imposing new restrictions. Apple and AT & T stores no longer accepts cash for iPhone purchases and the number of iPhones sold to a person is restricted to 2.

Apple spokesperson said

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. We're requiring a credit or debit card for payment to discourage unauthorized resellers.

Apple was selling 5 iPhones person before making this statement and there were no restrictions on mode of payment.

Since the release of iPhone in June 29th of this year, Apple reportedly sold 1.4 million phones. Out these 1.4 million iPhones Apple estimated that 250,000 are unlocked and illegally used.

This move of Apple hits many of the black markets in countries like India, Pakistan, Malaysia, Singapore of Asia. In India you can purchase an unlocked iPhone for Rs. 26,000.00. But with the new restrictions in place, it will become tough for iPhone resellers to get phones from Apple stores. So there are chances of price hike of iPhones in black market.