What are payment options for the upgrade?

I was wondering if I can buy the 2.0 upgrade for the $9.95 on the iTunes store with a iTunes gift card? Or will I need to use a credit card for it?

Dragoncqb wrote:
I think is a bunch of bull you have to pay for the update iphone users dont. And before you say it they pay monthly to AT&T not apple.
You really need to do your research on this subject.
I software is free to iPhone users NOT because of the contracts that people have with AT&T.
It is free because Apple decided to account for the iPhone (and Apple TV) differently.
When you pay your $400 for the iPhone they do not recognise the full $400 as a sale.
What they do (and this has been very clearly stated by Apple), is take 1/24 of the $400 each month.
This is not money from AT&T is is the money that was paid for the phone.
Now because in effect Apple are not taking the revenue and profit for the full phone at point of sale and instead only take a % every month the buyer is paying for the phone over the 24 month period.
Therefore Apple can and will give free software updates because in effect the product sold is not complete and can take money as they add features.
This complicated accounting method was caused by the EXON issues and the Sabane Oxley laws that resulted from that case.
If you would like to know more, so that you understand rather than rant, you can read more here in an excellent article that explains it in more detail :-
http://www.appleinsider.com/articles/08/06/25/thehidden_financial_impact_of_applesiphone.html
The iPod touch on the other hand is accounted for like all other products, all revenue / profit taken at time of sale. If Apple gave the software Upgrades (not bug fixes as they are free) away for free they would be breaking the law as it would deprive shareholders of potential revenue that should have been charged for adding features to a product that has been already sold. That is why we ahd to pay for the iMac Airport 'N' drivers as well.

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