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Isn't that illegal? Seriously, I think there is a law about this. Retailers have the right to refuse to take credit cards or cheques, but cash is legal tender.

Fraid' not Nougat, the DMV in my state doesn't accept cash, only checks and money orders. Stores are allowed to specify what sort of tender they receive.

Not to argue amphetamine but the DMV is not retail.

Taken from the US Treasury Department Website:

"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."

There is a coffee shop in Washington DC that got guff about this a while back the court system said they had the right to refuse service to anyone. That included service to cash paying consumers apparently. They still do not accept cash. It's a credit only store.

legal or not - it's bad business.

And yet it doesn't appear to be hurting Apple too badly...

I've never got $400 in cash floating around in my wallet. If I do, it goes into the bank.

I don't really think it's going to negatively affect the people who legitimately want to buy an iPhone.

Well if you think "No Cash Please" is bad business, then the multi-billion dollar a month Internet business model is the worst thing in the world (now go and cry to mommy). Imagine eBay taking jars of pennies in every transaction... you've got to be stupid. Apple's doing it to protect their business model and specially their revenue from AT&T. Unlike other products sold by the competition the iPhone is actually worth its cost, dissecting it, you can see that the components are anywhere from 200-300 bucks worth, add the OS cost, packaging and shipping and they're only getting about 50-60 bucks profit per unit. They NEED AT&Ts money to at least break a little more than even, but we've been technologically spoiled and think any "hot wired toy" is really worth 50 cents and the rest is revenue.

If you're the type of people who're going to p*ss and moan about the iPhone being locked, read your contract. If you're still going to b*tch about it, just wait 'till the French version comes out in six months, which will be unlocked. And if you're poor and can't afford it, don't hate on it. Apple has worked freaking hard to give people nice things that work, so buy, or not, but please let people be.