Apple recently decided that they aren’t going to accept cash this Holiday Season, well… if you want an iPhone or two (limit two).
Here’s some excerpts of the story that c|net ran:
Would-be iPhone buyers must now present a credit or debit card if they want to take home an iPhone, and they’re also now limited to just two units, as they were on iPhone Day, according to The Associated Press. The AP quoted an Apple representative explaining the move as a way of making sure there are enough iPhones for the holidays and to prevent unauthorized resellers from flooding the market.
and
Before Thursday, when the policy was implemented, you could walk into any Apple store and plunk down cash for up to five iPhones. While the concerns about supply are harder to gauge from a distance, the credit card policy seems designed to make sure buyers leave a paper trail.
Granted, debit cards are accepted instead, but at the price iPhones are running anyway, I’d rather unlock it and sell it on ebay and pay off my student loan than buy one to use.
But, as my mind turns… I’d have to wonder about the exchange that Dave Ramsey and Steve Jobs would have over this one.
Technorati Tags: iphone , steve jobs , dave ramsey , debt , credit card , credit , apple , financial peace
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