Apple doesn’t want your hard earned cash

by James Allan Brady on October 29, 2007





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Or your gift cards for that matter. Since when did one of the few nations to somewhat successfully run on a fiat monetary system stop accepting cash anywhere as an acceptable form of payments, let alone in the retail industry?

iPhone

Then they decide they won’t take gift cards either, I am pretty sure its almost always been a policy to not take checks, so you are left with credit or debit, both easily traceable mediums. I reckon Apple is just supporting big brotherism to keep people from reselling iPhones that are hacked, unlocked, or otherwise altered.

It’s still dumb, if I ever open a store, you can bet your ass that unless its against the law, you show up with cash for anything that’s for sale in my store and you are walking out the door with it just the same as the guy with a credit card. Admittedly, the extra $432 over 2 years that Apple makes off of iPhones that actually end up on AT&T’s network is probably a fairly strong motivator for doing what they can to keep the majority of iPhones sold on the AT&T network. I reckon this will only spark more back ally deals where people who either normally couldn’t afford or have no desire to purchase an iPhone are paid to go into stores and purchase the limit of 2 for someone waiting outside with cash, oh well.

Apple Denies Cash, Gift Cards for iPhone Purchases [via dailytech]

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