It's not the most exciting thing in the world, but it's relevant. Per Macworld, Apple has received permission by the Financial Accounting Standards Board to move beyond previous accounting regulations which required Apple to recognize revenue from the iPhone and Apple TV over the length of their two-year product lifetimes, since the company had promised to roll out new features via software updates. The new rules allow Apple to adjust the percentage realized at sale to a more accurate level. The change could also mean an end to charges for iPod touch software updates.
