Apple Inc. (NASDAQ: AAPL, LSE: ACP, FWB: APC) is an American consumer electronics corporation. The company's best-known products include the Macintosh line of personal computers, its Mac OS X operating system, and the iPod line of portable media players. For the iPod and its related iTunes software Apple sells audiobooks, games, music, music videos, TV shows, and movies in its online iTunes Store. Apple has also recently announced that they will market a smartphone, to be called the iPhone.
2-Year Agreement NOT Required for iPhone
Credit checks weren't to penalize potential iPhone buyers with bad credit, but to draw in their business.
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