The real cost of Cash

Posted by: tonyc

The real cost of Cash - 18/05/2010 16:06

The real cost of FlashCash.

Posted by: Dignan

Re: The real cost of Cash - 18/05/2010 16:20

Originally Posted By: tonyc

Interesting.

Could someone please diagram this sentence for me, I seem to be having trouble with that first possessive:

"Apple's turns away iPad buyer; points to No Cash policy"
Posted by: hybrid8

Re: The real cost of Cash - 18/05/2010 17:21

I already knew about that policy for iPhones - it was put in place so they could track how many you were buying. I suppose it's the same for iPads. I don't personally agree with the policy and IMO, the stores should be forced to accept payment in cash for anything under $10000 (the point at which even at the bank you'd have to fill out a source/origin of funds declaration form/affidavit).

Don't you guys have some laws about stores not accepting cash?
Posted by: tfabris

Re: The real cost of Cash - 18/05/2010 18:34

Originally Posted By: hybrid8
I already knew about that policy for iPhones - it was put in place so they could track how many you were buying.


Theory: Another possibility is to give them a way to enforce the 2-year AT&T commitment. Do I pads have a commitment if you buy them with the WWAN option?
Posted by: hybrid8

Re: The real cost of Cash - 18/05/2010 18:43

Originally Posted By: tfabris
Do I pads have a commitment if you buy them with the WWAN option?


Nope. But they're apparently in short supply. And since they're not released outside of the US yet, there's a good chance of someone buying up a couple of hundred for export - like they did with iPhones...
Posted by: wfaulk

Re: The real cost of Cash - 18/05/2010 22:55

I think that that " 's " is a bug.
Posted by: gbeer

Re: The real cost of Cash - 18/05/2010 23:36

Originally Posted By: hybrid8

Don't you guys have some laws about stores not accepting cash?


Actually no. The writing on paper money says "This note is legal tender for all debts, public and private"

In the US, anyone to which you owe a debt must accept US currency as payment, but sellers are not required to accept it in a sales transaction.

I seem to remember that from 7th grade government class.

Edit: Yes as I thought

So Steve Jobs can demand any form of payment he desires but risks not selling his product.
Posted by: hybrid8

Re: The real cost of Cash - 19/05/2010 00:14

Makes sense.
Posted by: gbeer

Re: The real cost of Cash - 19/05/2010 00:20

I suppose a suitable cash card could be purchased somewhere, for cash.
Posted by: wfaulk

Re: The real cost of Cash - 19/05/2010 00:26

For a fee.

Actually, maybe you could buy an Apple gift certificate for cash and then use the gift certificate to buy the iPad. I doubt Apple charges a fee for their own gift certificates.
Posted by: hybrid8

Re: The real cost of Cash - 19/05/2010 00:36

You can't use gift cards (certificates) to buy an iPad either....
Posted by: peter

Re: The real cost of Cash - 19/05/2010 06:49

Originally Posted By: tonyc

O cool. I suggest another new thread about Eyjafjallajokull "The real cost of Ash", and another one about Windows shell scripting "The real cost of Sh", and another one about the tragic breakup of Steps "The real cost of H".

Peter
Posted by: tman

Re: The real cost of Cash - 19/05/2010 09:44

Originally Posted By: peter
and another one about the tragic breakup of Steps "The real cost of H".

Oh dear. I was with you until the last one.
Posted by: hybrid8

Re: The real cost of Cash - 20/05/2010 01:27

Problem solved. You can now buy iPads with CA$H. Or gift cards. You have to set up an Apple ID/account at the store during your purchase. They'll use that to track purchases and limit you to two iPads.
Posted by: Dignan

Re: The real cost of Cash - 20/05/2010 02:27

Can someone explain this whole "two iPads for life" thing? I mean, I can understand limiting you to something like two iPads per year, but for life?
Posted by: gbeer

Re: The real cost of Cash - 20/05/2010 02:56

Originally Posted By: hybrid8
Problem solved. You can now buy iPads with CA$H. Or gift cards. You have to set up an Apple ID/account at the store during your purchase. They'll use that to track purchases and limit you to two iPads.


But, the whole point of cash is to avoid being tracked!
Posted by: wfaulk

Re: The real cost of Cash - 20/05/2010 03:52

Originally Posted By: Dignan
Can someone explain this whole "two iPads for life" thing?

Quote:
Johnson tells 7 On Your Side that grey market sales were never the issue, as many assumed. He says the policy was instituted to make sure the tablets were fairly distributed during a time of high demand.

Clearly, Apple expects the iPad to be in high demand for eternity. Well, at least 80 years or so.
Posted by: siberia37

Re: The real cost of Cash - 20/05/2010 13:12

Originally Posted By: hybrid8
Problem solved. You can now buy iPads with CA$H. Or gift cards. You have to set up an Apple ID/account at the store during your purchase. They'll use that to track purchases and limit you to two iPads.


So just keep setting up different accounts with different e-mail addresses every time? Or are they actually checking ID at purchase and making sure you are setting up the exact same account? Who are they afraid you are going to resell these to?
Posted by: hybrid8

Re: The real cost of Cash - 20/05/2010 13:18

I'm sure supply will ramp up so that you can soon buy 5 iPads. The iPhone limit was increased after its original lower unit limit - though I don't know for sure what it is now, I thought it was 5.
Posted by: drakino

Re: The real cost of Cash - 20/05/2010 13:55

Originally Posted By: siberia37
Who are they afraid you are going to resell these to?

People in countries where the device isn't on sale yet. There are two issues with this:

1. If someone in the UK (for example) has an iPad out in public, and makes someone else interested in buying it, their only route is to also try and import one. Thus creating a market for people in the US to buy them and sell to people wanting them in the UK. Most likely jacking up the cost along the way and taking a unit out of the market where Apple is trying to keep them in stock. Apple would rather have the units available in their stores so when someone wants one, they can walk in and buy it.

2. Certifications. Due to the WiFi and 3G hardware, the device has to be certified by a lot of different organizations. 802.11 in the 5ghz range is particularly tricky right now, with countries widely varying on what channels can be used. 802.11 in the 2.4 ghz range used to be similar.

As for the "for life" thing, that seems to be something added by the clueless Apple Store drones, and not a corporate policy. It will change once they can meet the currently high levels of demand.
Posted by: drakino

Re: The real cost of Cash - 30/09/2010 16:16

http://www.macrumors.com/2010/09/30/ipho...e-retail-store/