iPhone Termination Fee Making Lawmakers Upset

Apple’s iPhone has enjoyed favorable reviews since its recent debut, but it got some criticism on Capitol Hill in Washington this week. The phones, which cost between $500 and $600—are usable only on AT&T Inc.’s wireless network and will remain that way until 2012. Even though the phones become expensive paperweights if customers quit AT&T’s wireless plan, the company will still charge a $175 early … Continue reading iPhone Termination Fee Making Lawmakers Upset