iPhone Updates: What Happens After Year Two?
How do you like them iPhones? Pretty good? With each OS update, we get more features. And for free. Gotta love that. What happens after the second year of ownership? What about it, you ask? If you're an iPod Touch owner, you know that each time Apple comes out with a major upgrade, you're forced to pony up $10 a pop. For iPhone owners, there is no cost associated with upgrades. This is because of the difference in how Apple chose to account for sales of the iPod Touch differently from the iPhone. For the iPod Touch, sales are recorded in the financial quarter sold. However, the iPhone sales is spread over two years. I appreciate anyone to correct me if I'm wrong on this. Anyway, this is why there is no associated upgrade cost for the iPhone OS. But what happens after two years of ownership? Suppose Apple releases iPhone 3.0 after two years of ownership or for reasons related to accounting, will I, as a first generation ...