In an effort to cut down of reselling of the iPhone, Apple will not sell iPhones for cash anymore. You must pay by credit or debit card only. They’re also limiting the number of iPhones a person can buy to 2. All I can say to this is, "Thanks for reminding me once again why I don’t buy Apple products."

One thing that really annoys me in the techno-gadget industry is the tendency to create demand for a product by artificially limiting the supply. You can bet that Sony and others are watching this move and will find ways to limit purchases of their hot products as well. Ultimately, I think this will backfire, particularly when the real money to be made isn’t in selling the hardware itself but in selling software and services for the hardware.

My prediction is that because Apple is being unreasonable in limiting the iPhone market they will either have to eventually loosen the restrictions or declare the iPhone a flop. If Microsoft, Google or another big industry giant releases a competing product or teams up with a cellphone manufacturer to develop one the iPhone’s days will be numbered.

What are your thoughts on this? Leave a comment and let me know.

Technology
Apple, cash, credit, iphone, restrictions