iPhone Unlocked

SAN FRANCISCO (AP) -- The New Jersey teenager who hacked into the iPhone is trading it for a new car.

Seventeen-year-old George Hotz reworked his iPhone so that it can be used with cellular networks other than AT&T. He posted on his blog that he traded the modified gadget for "a sweet Nissan 350Z" and three new iPhones.

Hotz made the deal with the co-founder of CertiCell, who also promised the teen a paid consulting job.

The three iPhones will be sent to the online collaborators who helped Hotz with the hacking job.

He calls it "a great end to a great summer."

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