Finance Geek

The iPhone 3GS jailbreaking app Purplera1n is here, reports CNET.

Teenage hacker Geroge Hotz, who was first unlocked the iPhone, released Purplera1n yesterday in a blog post titled “I make it ra1n.“

Technicallly, this is bad news for AT&T and Apple — for AT&T (T), since people can use their jailbroken on any phone service, and for Apple (AAPL) because users won’t have to go to the app store to buy add new ones to their jailbroken phones.

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This entry was posted on Friday, July 3rd, 2009 at 4:54 pm and is filed under Silicon Alley Insider. You can follow any responses to this entry through the RSS 2.0 feed. Responses are currently closed, but you can trackback from your own site.