France Welcomes iPhone

Shares of Apple Inc (AAPL) gained 3% to close at $180.22 after a report from the Associated Press announced the Apple iPhone would be available to French consumers through carrier Orange.

Consumer law in France requires Orange to sell “unlocked” mobile devices able to work on any carrier. Unlocked handsets will cost about $965.32 in France. It costs about $149 to have a handset unlocked independently.

Customers using SIM cards from Orange’s rivals in unlocked iPhones run the risk of not being able to use all of its features or seeing their phones malfunction after software updates.

Orange will offer locked iPhones for about $593 - the same price as T-Mobile in Germany - with two-year service subscriptions, which offer unlimited access to email and the Web.

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