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Apple No Cash For iPad Policy

HLdan said:
Why not use your bank Visa debit card? Do you mean to say you have a credit card and cash but not a bank account?
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I have my Visa card linked to my bank account where my salary gets in. That's not the issue, I just want to take all the money I want to have with my to NY and exchange it into USD and pay everything cash while on vacation. But if Apple don't allow cash I will have to keep an amount of the funds on my Visa. I just prefer to pay cash, especially when on vacation :)
 
dontwalkhand said:
I get free cash at the end of the year with my debit it would be dumb not to use it. Cash has no rewards point system :)
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You should consider paying with cash more often, imagine a world where we could only pay electronically, your every purchase could be tracked. That's a scary thought.
 
Chupa Chupa said:
Right, because it makes a lot more financial sense for Apple to just sell the entire iPad production lot to gray market wholesalers who can then jack up MAP price 30%. Screw the customer who has to pay the extra markup -- Apple sold the entire lot in once quick transaction. Yep. Not thinking about the consumer at all. :rolleyes:

You know it's quite common in the electronics world to sequence launches regionally, rather than worldwide, right? Nintendo always launches in Japan first, and North America, Europe, South America, and rest of Asia months later. Sony frequently does this as well -- some of its products never even make it to the US. M$ did this with the XBOX 360. And on and on.

Manufacturers would love to do a single worldwide roll out but it's complicated with varying laws and also trying to accumulated enough parts factory time, shipping infrastructure, etc, to satisfy world demand at one time.

And most of all: You are not entitled, by right, to any Apple product. Apple, as a consumer products company, needs to serve as many customers as possible. Product limits in the consumer realm are not exactly unheard of. Open up your Sunday paper and pull out the fliers. I bet you'll find a bunch of products with explicit sales limitations.
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yeah..there limiting purschased is really stopping the grey market...hardly any on ebay when I looked.


Apple will not stop the grey market with this policy. Thye will slow it down a little but probable at the same time raise prices on the grey market a little.

The ones going to be inconvenienced is the guy who has 4-5 kids and the funds to buy them all the magical device. Or the one driving 2 hours 2 the store with cash in had who didn't know the policy and doesn't have credit.
Probable becasue some grey market seller or his buddy stole his credit card number and the cash buyers credit is in the dumpster.
 
fishmoose said:
You should consider paying with cash more often, imagine a world where we could only pay electronically, your every purchase could be tracked. That's a scary thought.
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I'll take a free $300 a year for the bank knowing I bought toilet paper last Wednesday. If I lose my card, I call the bank and deactivate it. If I drop $500 cash, it's pretty much gone forever.I keep about $20 cash on hand for the small places that do not take cards, but that is it.

Should someone rob me for my wallet, they will get away with $20 and a bunch of useless deactivated cards. Rather than $400 etc.
 
dontwalkhand said:
I'll take a free $300 a year for the bank knowing I bought toilet paper last Wednesday. If I lose my card, I call the bank and deactivate it. If I drop $500 cash, it's pretty much gone forever. I keep about $20 cash on hand for the small places that do not take cards, but that is it.
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Imagine that your applying for a job, the organization checks with your bank and see that you buy a lot of cold medicine and decides they won't hire you, is that a good future?

But this is off-topic so maybe we shouldn't discuss it. BTW, I'm not saying Apple is doing something wrong, I'm just saying I don't want cash to disappear.
 
buckwheat987 said:
The ones going to be inconvenienced is the guy who has 4-5 kids and the funds to buy them all the magical device.

Or the one driving 2 hours 2 the store with cash in had who didn't know the policy and doesn't have credit.
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Sorry, but both of those lines you wrote are a big fail. That's hardly an everyday occurrence that some rich guy needs to buy each one of his 5 kids an iPad. That's at least $2500 U.S on the cheapest model. Surely if the guy has a smidgen of maturity he will understand that the iPad being a brand new hot item will be limited in terms of how many a customer could buy at once.

Nobody HAS to drive 2 hours for an iPad, that's their choice. They can just as easily buy it online. If they need it right away (and nobody NEEDS this toy right way) and they are willing to drive that far they should call for availability first of all and ask about method of payment. It is a common question.
 
HLdan said:
Sorry, but both of those lines you wrote are a big fail. That's hardly an everyday occurrence that some rich guy needs to buy each one of his 5 kids an iPad. That's at least $2500 U.S on the cheapest model. Surely if the guy has a smidgen of maturity he will understand that the iPad being a brand new hot item will be limited in terms of how many a customer could buy at once.

Nobody HAS to drive 2 hours for an iPad, that's their choice. They can just as easily buy it online. If they need it right away (and nobody NEEDS this toy right way) and they are willing to drive that far they should call for availability first of all and ask about method of payment. It is a common question.
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you can buy on line with cash?

Everyone knows about the policy?

You see the Apple iPad commercial everywhere...Does it mention cash? Does it mention no availablity? Does it mention limited sales?

I bought three with cash before this policy and gave two away....I can certainly afford it so can many others.


I am an IPad fan...fine...but don't think Apple is not without fault here.
 
ZBoater said:
Well, not exactly. :D

Cash is legal tender for all DEBTS, public or private. The issue here is that Apple is under no obligation to enter into a transaction with you. No transaction, no debt.

If however you were to incur some debt, say, for example, you knocked over an expensive iPad display at the store and you broke it, if they asked you to pay for it, they would have to accept cash.

Don't try this at home. :cool:
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I like your posts. You should become a wiseman. :)
 
From the Dept of Treasury:


The pertinent portion of law that applies to your question is the Coinage Act of 1965, specifically Section 31 U.S.C. 5103, entitled "Legal tender," which states: "United States coins and currency (including Federal reserve notes and circulating notes of Federal reserve banks and national banks) are legal tender for all debts, public charges, taxes, and dues."

This statute means that all United States money as identified above are a valid and legal offer of payment for debts when tendered to a creditor. There is, however, no Federal statute mandating that a private business, a person or an organization must accept currency or coins as for payment for goods and/or services. Private businesses are free to develop their own policies on whether or not to accept cash unless there is a State law which says otherwise. For example, a bus line may prohibit payment of fares in pennies or dollar bills. In addition, movie theaters, convenience stores and gas stations may refuse to accept large denomination currency (usually notes above $20) as a matter of policy.
 
First paragraph under the header. Oh, and this is the exact same policy Apple used three years ago w/ the original iPhone, when it was being scalped (and re-sold overseas) to the point it was affecting customer availability.

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https://forums.macrumors.com/threads/908413/
 
buckwheat987 said:
yeah..there limiting purschased is really stopping the grey market...hardly any on ebay when I looked.


Apple will not stop the grey market with this policy. Thye will slow it down a little but probable at the same time raise prices on the grey market a little.
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Who said anything about stopping the gray market? No one except you? The policy does slow down the grey market though greatly. If an eBayer could buy the entire truck load at retail -- meaning NONE would be available to Apple customers -- and then sell them to overseas customers at a steep markup you don't think they would? Instead they have to go buy in ones and twos and devise all sorts of tricks like amateur hour.

This policy at least gives everyone a fair shot at getting an iPad and limiting hoarding.

And the person who has four kids and wants to buy them each one calls up the AMEX or VISA Platinum/Signature concierge. Done.

And trust me - the guy that has four kids and wants to buy them each one calls up the American Express or VISA Platinum/Signature concierge. Done.
 
HLdan said:
If they need it right away (and nobody NEEDS this toy right way)
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Tell that to all of the people who camped out on April 3rd and 30th. Tell it to the people overseas who will make May 28th an event in their own countries.

I hope that we can get some overseas Apple store live video feeds on the 27th and 28th.
 
buckwheat987 said:
you can buy on line with cash?

Everyone knows about the policy?

You see the Apple iPad commercial everywhere...Does it mention cash? Does it mention no availablity? Does it mention limited sales?

I bought three with cash before this policy and gave two away....I can certainly afford it so can many others.


I am an IPad fan...fine...but don't think Apple is not without fault here.
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You didn't mention cash in the post I was responding to, so in turn my post wasn't about buying the iPad in regards to cash. You talked about the limit on how many you can buy.

Oh, so just because you're rich, others are too right? :rolleyes:
 
Battlestar said:
Tell that to all of the people who camped out on April 3rd and 30th. Tell it to the people overseas who will make May 28th an event in their own countries.

I hope that we can get some overseas Apple store live video feeds on the 27th and 28th.
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I stand by what I said, nobody NEEDS the iPad. At this early stage it's a toy. I could care less how many people camped out to buy it, what does that mean? Many also camped out for an iPhone, for a PS3, for Nintendo Wii. Those are people with the "Gotta have it first, Gotta have it first" mentality. What were they all doing before they bought an iPad?
 
Chupa Chupa said:
This policy at least gives everyone a fair shot at getting an iPad and limiting hoarding.
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LOL...thats the funniest thing I've read. Even with the policy the waits are long and people can't find them. The policy is really helping them spread out the supply of iPads.

Most stores now have waiting lists. Limit the reserve to one per person but let people pay cash. Once you buy you can go on the list again if you want.

Especiially silly since this policy seems to only be in effect for one month.
 
HLdan said:
Oh, so just because you're rich, others are too right? :rolleyes:
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Measuring wealth by the ability to buy 3 iPads is really sad. I'm lucky to be able to give to others. Not sure if I'm rich or not but I felt good when I did give 2 away as gifts.


Just like I feel good for the people you went out and got an iPad right away. Its excitement. If you cant get excited about stuff why get out of bed in the morning.
 
People! Stop and look for a moment at our world! iPads...iPads have become an international commodity!!

endofworld.jpg
 
If you're unhappy, don't buy one. The best way to protest is with your wallet.

If not enough people are upset enough to not purchase one then I doubt Apple will care.
 
This policy wasn't in effect for the WiFi launch. It came about a week or two after.

The policy was in effect for the 3G launch, so if you paid cash at an Apple store, they made an exception of the policy for you.
 
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