As for the first iPhone, there was one area of the product’s launch where Apple failed to take care of business the company failed to register the domain names of likely misspellings of iPhone.
These common misspellings, things like uPhone.com or iPnone.com, are a gold mine for cybersquatters, people who register these pages, put ads on them, then profit when people mistakenly click.
Soon after the original iPhone was announced, 20,000 such domain names were registered, according to Graham MacRobie, CEO of CyberHawk, whose company helps businesses get back their domain names.
While most of those won’t generate much revenue, a few will make money. Those that do are most likely done by professional cybersquatters who are willing to risk a $100,000 fine because they know they can make that up and more in ads.
There is a video attached to the rest of this article if you go to : http://www.vator.tv/news/show/citizen-hawk-int-2-08-10