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Chronicles

The story behind the story

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Apple Limits Sale of iPhones: Two Per Person and No Cash

Apple no longer accepts cash for iPhone purchases and now limits sales of the cellphone to two per person in a move to stop people from reselling them.  —  The new policy started Thursday, said Natalie Kerris, an Apple spokeswoman.

Associated Press

Context & Ripple Effects

Per Apple spokeswoman Natalie Kerris, the new policy took effect Thursday: iPhones are capped at two per customer and Apple no longer accepts cash for them, with resale cited as the reason. It lands on a crowded day for the company — OS X Leopard shipped the same week, with early upgraders already flooding Apple's support forums over installation errors.

The story travelled fast for a retail-policy tweak: Engadget ran its own pickup the same day, reflecting how much attention the iPhone's distribution was drawing months into launch.

First-order effects

  • Bulk buyers lose the anonymous cash route entirely — every iPhone sale at an Apple Store is now tied to a payment method and capped at two units per person, shutting down walk-in volume purchasing.

Second-order effects

  • With retail supply throttled at the register, whatever stock still reaches resellers commands a larger premium in the gray market the policy targets — Apple is constraining quantity rather than eliminating the resale incentive itself.

Third-order effects

  • If other high-demand device makers copy the structure, direct retail becomes a governance layer: manufacturers deciding who may buy, in what quantity, and by what payment method, trading customer anonymity for control of where their hardware ends up.

The trend: Consumer-hardware companies are tightening direct-retail controls — payment restrictions and per-customer quotas — to police unauthorized resale of scarce flagship devices.