Tuesday, August 28, 2007

UPDATE: Unlocking the power of the iPhone!

Our boy George Hotz of NJ has finally made good on the iPhone that he hacked into. As reported by the AP, Hotz has traded the phone for a car; in his own words: "a sweet Nissan 350Z and 3 8GB iPhones." The "buyer" was CertiCell, a Louisville, Ky.-based mobile phone repair company.

Good for him! Being Indian, I have this strange need to the math on his investment. Per the handy dandy internet, the car retails for roughly $36,550...the phones are about $599 per...meaning his total haul comes to $41,232. That means the kid got about $82/hr which is certainly great for a 17 year old... Good for him!

http://news.yahoo.com/s/ap/20070828/ap_on_re_us/odd_iphone_unlocked

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