Yep. But from post 13, it sounds like Apple will say “screw you” and ignore it, let the credit card company come after them. Just like a cold, calculating “bottom line oriented corporation”, not a caring entity.
Funny, I claimed that a week ago in another thread and was pilloried for it. Now we see that, in fact, Apple cares more about the bottom line than a given user’s satisfaction or experience. They’ll only care about an issue if it becomes large enough to affect enough users in a significant enough manner to threaten their profitability.
Apple: Think Different (about us; while we’re the same dollar-driven bastards as the rest of the industry we rail against, we still want you to ignore that and consider us blameless in all things)
All companies that accept credit cards have agreements with the card companies. Penalties for stuff like this start at $500,000 dollars. Technically Apple is required to report incidents like this but they probably do it on an individual account basis thereby avoiding the repercussions.