30th October 2007 Apple have taken the bold move of banning cash payments for its iPhone in the US. The move would help to support its “two iphones per household” rule reports London’s Financial Times. By mandating credit or debit card purchases Apple hoped to keep track of individual transactions to uphold the rule.
The iPhone has proved immensely popular since it’s release shipping over 1.4 million handsets in 2007. The gadget has proved difficult to get hold of and Apple hopes the move will discourage people wishing to immediately sell the items on for profit.
This comes hot on the heals of news that Apple is looking to develop the iPhone market with it’s release in Europe – on the 29th October apple announced it’s distribution and pricing deal in Germany which would see the iPhone taking advantage of T-Mobile’s internet national hotspot presence.
