



That's roughly the market value of the Nissan 350Z and three unmodified 8GB iPhones he says he received in exchange for one of the two iPhones he modified -- with the help of a soldering gun and some complicated software hacks -- to make them work on networks other that AT&T's, reports [url=http://blogs.business2.com/apple/2007/08/how-much-is-an-.html]Business 2.0[/url].
Hotz had originally put the iPhone up for sale on eBay, but ran into what his [url=http://iphonejtag.blogspot.com/]blog[/url] describes as "tons of problems" that the auction site apparently could not resolve. He finally the phone to the highest bidder through private sale via e-mail, a transaction that was completed Saturday afternoon, one day before he left home for college, notes Business 2.0.
Hotz says he will donate the iPhones to three of the people who helped him crack the device's codes. He plans to keep the Nissan 350Z.
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