What's up with Apple's "No Cash" policy? Noah on CNBC

Noah Kravitz
 from Oakland, CA
Published: May 18, 2010

Apple has a special policy for iPad and iPhone purchases: Credit or Debit Cards only (or gift cards for iPhone), and limited quantities per customer. Why? To curtail black market sales? To track consumers' habits? Apple won't officially say why.

I was on CNBC's Street Signs today discussing the issue. What say you? Is Apple's "No Cash for iPad and iPhone" policy okay or does it rub you the wrong way?

Products mentioned