iPhone unlocked: AT&T loses iPhone exclusivity, August 24, 2007, 12:00PM EDT {Engadget}

Aug 24th 2007 3:41PM In response to Homeboy, who said: "Apple on the other hand will be cheering when their iPhone sales will sky rocket."

No they won't. Apple makes royalties from AT&T through their exclusivity agreement. Apple makes money on the phones, but they stand to lose royalties if people start unlocking their phones. You can bet they'll patch this quickly.