Apple posts over $20 billion in sales, $4.31 billion profit for fourth quarter

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Date: Tuesday, October 19th, 2010, 06:56
Category: Finance, News

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Apple on Monday reported a “great fiscal quarter,” citing a quarterly profit of US$4.31 billion, compared to US$2.53 billion for the same period last year. Over the quarter, Apple recored US$20.34 billion in revenue, an increase of nearly 67 percent from the year-ago quarter’s sales figure of US$12.21 billion.

Apple’s earnings of US$4.64 per diluted share handily beat estimates by Wall Street analysts who were expecting the company to report earnings of US$4.06 a share on $18.86 billion in revenue for September quarter.

“We still have a few surprises left for the remainder of the calendar year,” said CEO Steve Jobs in a statement accompanying the earnings. Apple has scheduled a press event for this Wednesday where the company is expected to focus on the Mac.

Per Macworld, Apple executive Peter Oppenheimer credited record iPhone sales, enthusiasm for the iPad, and a new quarterly sales record for Mac sales as the drivers behind Apple’s strong quarterly performance. In particular, Apple sold 4.19 million iPads during the first full quarter of sales for the tablet; all told, the company sold 7.5 million iPads during its 2010 fiscal year.

For the fiscal fourth quarter, Apple recorded US$2.8 billion in sales of iPads and related accessories, with the iPad accounting for US$2.7 billion of that figure. That translates to an average selling price of around US$645 for the tablet, Oppenheimer said.

iPad sales may disappoint some analysts, who were expecting Apple to sell close to 5 million tablets. One of the issues may be with inventory—Apple says it has three-to-four weeks worth of channel inventory, which is below its target range of four-to-six weeks. The company plans to expand its iPad distribution efforts, adding retailers like Verizon, Walmart, Target, and AT&T into the mix as well as launching in additional countries.

As for the iPhone, Apple managed to sell 14.1 million units during the quarter. This marks a 91% increase over the 7.4 million phones sold during the year-ago quarter and a new quarterly record for smartphone sales for the company.

For the 2010 fiscal year, Apple sold 40 million phones, a 93 percent jump over 2009. During September, the company says it passed the 125 million mark for cumulative iOS sales of its iPhone, iPad, and iPod touch offerings.

Apple also saw a record quarter for its Mac business. The company sold 3.89 million computers, up 27% from its year-ago sales. Fourth-quarter Mac sales topped the previous high-water mark of 3.47 million mark set during the June quarter. Year-over-year sales growth was more than double the growth rate projected for the overall PC market by research firm IDC, according to Oppenheimer.

Notebooks continue to drive Mac sales, with portable products, accounting for 71% of the Macs sold during the September quarter. However, sales of desktops rose nearly 28% to a little more than 1 million units, on the strength of the company’s iMac and Mac Pro updates over the summer.

Despite the largely positive news, the iPod segment continues to shrink, with Apple selling 9.05 million music players during the quarter (an 11% drop from last year’s figures). Apple updated its iPod line in September, though the company usually sees the fruits of those efforts during the holiday quarter.

While iPod sales growth stalled throughout 2010, Apple opted to focus on the positive Monday. It noted that the iPod’s share of the MP3 player market in the U.S. continues to top 70% according to research firm NPD’s figures. And Apple says its music player gained market share internationally from the year-ago quarter. The company also reported that its iTune Store brought in more than US$1 billion in revenue for the September quarter.

Apple CEO Steve Jobs took a minute during the conference call to comment on the company’s “hobby” product, the Apple TV, announcing that it had moved more than 250,000 units since the device went on sale. That’s the first time the company has ever revealed sales information for the device, which has gone through a number of iterations since its original introduction in 2007. Jobs confirmed that Apple had moved to an all-streaming model for content for the device, which will allow streaming of media from iOS devices in November when Apple ships iOS 4.2.

Apple’s retail segment had what Oppenheimer called a “record-breaking quarter,” with revenue rising 75% to US$3.57 billion. Apple sold 874,000 Macs through its retail arm, an increase of 30% from the year-ago quarter. The company sales that half of the Macs sold through its brick-and-mortar outlets continue to be to customers who are new to the platform.

Apple ended the fourth quarter with 317 stores, 84 of which were outside the U.S. The company opened 24 new stores during the quarter, with 16 of those opening outside of U.S. borders. In fact, with new store openings in Spain, Apple now has retail outlets in 11 countries.

The company also stated that it plans to open 40 to 50 stores during the coming fiscal year, with half of those slated for outside the U.S. The company also plans to start renovating several of its U.S. stores during 2011.

Monday’s earnings report closes the book on Apple’s 2010 fiscal year, which saw the company record US$65.2 billion in sales, a 52% increase from the US$42.9 billion in revenue recorded in 2009. Apple turned a US$14 billion profit in 2010, an increase of 72% from the previous year.

“The September quarter was the culmination of a monumental year for Apple,” Oppenheimer said.

Apple issues refunds for Apple TV pre-orders, cites unknown delay

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Date: Friday, September 24th, 2010, 05:40
Category: Apple TV, News

A number customers who paid Apple for expedited shipping on the soon-to-ship Apple TV are receiving emails from the company Thursday informing them that those shipping charges have been waived due to a possible ‘delay.’

“Our records indicate that when you placed your order you paid for upgraded shipping,” Apple wrote in the emails. “Due to a delay, we may have not been able to meet our delivery commitment.”

Per AppleInsider, the email goes on to say that Apple has “processed a refund for the shipping charge on your order. Please contact your card-issuing bank for information on when the credit will be posted to your account.”

Since introducing the US$99 Apple TV makeover earlier this month, Apple has maintained that the streaming media hub would ship in “September.” Similarly , early pre-orders for the device through the company’s online store have and continued to list their status as “Ships: September.”

As such, it’s unclear whether the emails sent Thursday are a sign that the first Apple TV shipments will fall back to next month, or if Apple can no longer guarantee priority deliveries to those who requested it.

Apple at around 3:00 pm on Wednesday began authorizing the credit cards of those who placed pre-orders for the device, as it did roughly a week (8 days) before the iPad launched back in April.

Introduced at the top of the month, the Apple TV makeover is about 1/4th the size of its predecessor yet supports all the same I/O (HDMI, optical audio, Ethernet, and Wi-Fi) while lacking its built in hard drive.

Apple chief executive Steve Jobs said Apple designed the new model to put an end to storage concerns. Instead of saving video purchases and rentals to a hard disk, the new Apple TV is based solely on a rental model where video streams live on demand from Apple’s servers.

First-run HDTV movies will fetch US$4.99, while single episodes of TV shows in HD will be available for 99 cents from Fox and ABC.

If you’ve received a delay e-mail regarding your forthcoming Apple TV, please let us know and we’ll get additional details up as soon as we have them.

Apple opens iOS development to third-party tools, introduces Review Board

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Date: Thursday, September 9th, 2010, 06:30
Category: News

Apple on Thursday announced that the company would no longer ban intermediary development tools for iOS as long as App Store software does not download any code, potentially paving the way for third-party software to convert applications from other formats like Adobe Flash.

Per Macworld, the company revealed that it had made “important changes” to sections 3.3.1, 3.3.2 and 3.3.9 of its iOS Developer Program license, relaxing some of the restrictions that were put in place earlier this year. The company has also published the approval guidelines for its tightly controlled App Store, in which all software must be reviewed before it is released.

The changes come just weeks after evidence surfaced that the U.S. Federal Trade Commission was looking into a complaint from Adobe over Apple’s banning of Flash from iOS devices. The FTC denied a public records request related to the case, stating that the release of such documents could interfere with an ongoing investigation.

Earlier this year, Apple updated its iOS 4 SDK to ban intermediary tools that would allow the porting of applications from Adobe’s Flash, Sun’s Java, or Microsoft’s Silverlight/Mono.

The change was made after Adobe announced that its Creative Suite 5 would include an application that would allow developers to port their applications to the iPhone from Flash. Adobe eventually abandoned further development of the application following Apple’s announcement. That was also when the company filed a complaint with the FTC.

Apple Chief Executive Steve Jobs publicly commented on the matter in an open letter published in late April, in which he slammed Adobe Flash as a Web tool that is unfit for the modern, mobile era of computing. He also said that an intermediary tool for converting Flash applications to the iPhone would produce “sub-standard apps,” and would hinder the progress of the platform.

At the time, Jobs said he knew from “painful experience” that allowing developers to become dependent on a third-party tool, such as Adobe Flash, rather than writing natively for the iPhone is restrictive. “We cannot be at the mercy of a third party deciding if and when they will make our enhancements available to our developers,” Jobs wrote.

As for the publication of App Store approval guidelines, Apple has repeatedly come under fire for not being open enough with developers. Some who write for the iPhone, iPad and iPod touch have complained that it is unclear what software is acceptable.

The most high-profile App Store review incident came in 2009, when Apple refused to approve the Google Voice application, a telephony service from the search giant. The matter was investigated by the U.S. Federal Communications Commission, and Apple at the time denied that it had rejected the Google Voice app, but said it was continuing to “study it.”

The full statement from Thursday is included in its entirety:

“The App Store has revolutionized the way mobile applications are developed and distributed. With over 250,000 apps and 6.5 billion downloads, the App Store has become the world’s largest mobile application platform and App Store developers have earned over one billion dollars from the sales of their apps.

We are continually trying to make the App Store even better. We have listened to our developers and taken much of their feedback to heart. Based on their input, today we are making some important changes to our iOS Developer Program license in sections 3.3.1, 3.3.2 and 3.3.9 to relax some restrictions we put in place earlier this year.

In particular, we are relaxing all restrictions on the development tools used to create iOS apps, as long as the resulting apps do not download any code. This should give developers the flexibility they want, while preserving the security we need.

In addition, for the first time we are publishing the App Store Review Guidelines to help developers understand how we review submitted apps. We hope it will make us more transparent and help our developers create even more successful apps for the App Store.

The App Store is perhaps the most important milestone in the history of mobile software. Working together with our developers, we will continue to surprise and delight our users with innovative mobile apps.”

Finally, Apple also revealed the formation of an App Review Board, with the goal of giving developers “the opportunity to appeal the rejection of an application if [they] believe that the functionality or technical implementation was misunderstood.”

This new board should help address the accusations often made about the arbitrariness of the app approval process by providing developers with a way to formally ask Apple to review a rejection, based on criteria that may not have been anticipated by the approval guidelines; that’s often been the source of embarrassment for the company.

Stay tuned for additional details as they become available.

iFixit posts full teardown of 2010 iPod Shuffle

Posted by:
Date: Wednesday, September 8th, 2010, 05:56
Category: iPod shuffle, photos

Once again, the cool cats at iFixit have gotten their hands on Apple’s new hardware to perform a full teardown of the fourth-generation iPod shuffle.

Per AppleInsider, the new hardware carries a model number of A1373, updated from the A1271 designation of the previous generation hardware.

The updated iPod shuffle marks the return of buttons to the media player, which were absent from the previous generation. Apple Chief Executive Steve Jobs even conceded last week that “people clearly missed the buttons.”

The tightly packed hardware is particularly difficult to open, iFixit noted. “It took us a good half hour of prying and heat-gunning to open the little guy,” they said. This is because back clip was is press-fit and glued onto the body of the device.

Other details noted by the solutions provider in its teardown:

- The new iPod shuffle has smaller retail packaging, but the box it ships in was not particularly small. “Apple could have shipped 30 iPod shuffles in this box,” they said. “Literally.”

- The fourth-generation hardware has a height of 1.14 inches, width of 1.24 inches, depth of 0.34 inches, and weight of 0.44 ounces.

- The control ribbon cable is just 1/8 of an inch wide, and the logic board is held in place by just one screw. The battery is soldered to the logic board.

- The 3.7V lithium-ion battery has a listed capacity of .19 Whr, which is good for 15 hours of audio playback.

- The manufacture dates on the die indicate the hardware was built in late June and early August of 2010.

For additional photos and details, check out the full teardown at the iFixit web site and if you’ve gotten your hands on the new Shuffle, let us know what you make of it, for better or for worse.

Apple previews iOS 4.2 at media event, hints at additional new features

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Date: Thursday, September 2nd, 2010, 04:43
Category: iPad, iPhone, iPod, News, Software

Amidst yesterday’s announcements, Apple CEO Steve Jobs offered a preview of iOS 4.2 for the iPad during the company’s special media event on Wednesday. Per the Mac Observer, the update will include wireless printing support along with multitasking.

The 4.2 update will also bring folders to iPad as well, and a new feature called AirPlay, which hinted at a new feature to be announced during the media event.

iOS 4.2 will be available in November as a free download for the iPhone, iPad and iPod touch.

Apple releases second-generation Apple TV, focuses on streaming for new device

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Date: Wednesday, September 1st, 2010, 17:53
Category: Apple TV, News

Arguably sort of the big kahuna of the Apple media event, the Apple TV is now small enough to fit in the palm of your hand.

Acknowledging that the Apple TV has “never been a big hit,” CEO Steve Jobs introduced the second generation of the living room device, bringing more of Hollywood movies and TV shows in HD to your home theatre.

Per Mac|Life, Apple CEO Steve Jobs laid out a list of what those buyers want from their Apple TV units: Hollywood movies and TV shows in HD, lower prices for content and no syncing with a computer, not to mention silent, cool and small.

The new Apple TV, which also incorporates the same A4 processor found in the iPhone 4 and the newly-released iPod touch, is 25% the size of the previous model which has been sold for the last four years, and has flip-flopped from white to black. In addition to the new diminutive size, the latest Apple TV does away with downloadable content purchases in favor of streaming right to the box without the need for and iTunes sync.

First-run HD movies from Hollywood are available for US$4.99 with regular SD rentals starting at US$2.99 and catalog HD rentals starting at US$3.99. As predicted, TV show rentals have been added at long last and will be 99 cents per episode as well as commercial-free. ABC and Fox are first on board and Apple hopes to have other networks on board in the near future.

In keeping with other recent rumors, Netflix streaming is now part of the Apple TV package (Netflix subscription required) as well as YouTube, Flickr and MobileMe photos. Apple’s iOS is a no-show, however and the interface remains mostly unchanged from the current Apple TV.

Other features in the new Apple TV include filmography data for actors as well as Rotten Tomatoes reviews, right on your screen. On the hardware side, the new, smaller Apple TV features HDMI, digital optical audio and an Ethernet jack, leaving out analog connections for older televisions.

The new Apple TV is centered around streaming and now everything streams wirelessly to the box for click and play simplicity. Users can fast-forward through opening credits, pause for a popcorn break or replay a scene.

Apple has also introduced AirPlay, which allows iPhone, iPod touch and iPad users to stream their handheld content (including music, photos and video) right to the new Apple TV with the push of a button.

The new Apple TV is priced at only US$99 and will be available in six countries to start. Preorders begin today and the device ships in four weeks.

Apple unveils new iPod touch, includes Retina Display, A4 processor, dual cameras

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Date: Wednesday, September 1st, 2010, 17:36
Category: iPod, iPod Touch, News

After months of hankering for it, Apple updated its iPod touch with the same Retina Display, front facing camera, rear HD camera, and A4 processor as the iPhone 4, all in a size slimmer than last year’s media player at today’s press event.

Per AppleInsider, the new iPod touch, along with the rest of the new iPod lineup, will be available next week. All three models of the new iPod touch have the new features, starting at US$229 for the 8GB model, US$299 for the 32GB version, and US$399 for the 64GB model.

Apple Chief Executive Steve Jobs said the new iPod touch can run the same iMovie application that was previously only available for the iPhone 4. Using the rear-facing HD camera, users can shoot video and edit it right on the device.

The new iPod touch also has a forward-facing camera and a microphone, which allow users to do FaceTime with other iPod touch users, as well as iPhone 4 owners.

The fourth-generation iPod touch will also ship with iOS 4.1, which includes Game Center, Apple’s social networking application for game players. It also has the three-axis gyroscope, which allows for more precise controls in games.

Technical specifications for the device are as follows:

Size and weight:
Height: 4.4 inches (111.0 mm)
Width: 2.3 inches (58.9 mm)
Depth: 0.28 inch (7.2 mm)
Weight: 3.56 ounces (101 grams)

Capacity:
8GB, 32GB or 64GB flash drive

Wireless:
802.11b/g/n Wi-Fi (802.11n 2.4GHz only)
Bluetooth® 2.1 + EDR
Maps-location based service4
Nike + iPod support built in

In the box:
iPod touch
Earphones
Dock Connector to USB Cable
Quick Start guide

Environmental Status Report:
Arsenic-free display glass
Brominated flame retardant-free
Mercury-free LCD display
PVC-free
Recyclable stainless steel enclosure
Smaller, more compact packaging (17% smaller, 16% lighter)

Display:
3.5-inch (diagonal) widescreen
Multi-Touch display
960-by-640-pixel resolution at 326 pixels per inch

Audio:
Frequency response: 20Hz to 20,000Hz
Audio formats supported: AAC (8 to 320 Kbps), Protected AAC (from iTunes Store), HE-AAC, MP3 (8 to 320 Kbps), MP3 VBR, Audible (formats 2, 3, 4, Audible Enhanced Audio, AAX, and AAX+), Apple Lossless, AIFF, and WAV
User-configurable maximum volume limit

Headphones
Earphones
Frequency response: 20Hz to 20,000Hz
Impedance: 32 ohms

TV and video:
H.264 video up to 720p, 30 frames per second, Main Profile level 3.1 with AAC-LC audio up to 160 Kbps, 48kHz, stereo audio in .m4v, .mp4, and .mov file formats
MPEG-4 video, up to 2.5 Mbps, 640 by 480 pixels, 30 frames per second, Simple Profile with AAC-LC audio up to 160 Kbps per channel, 48kHz, stereo audio in .m4v, .mp4, and .mov file formats
Motion JPEG (M-JPEG) up to 35 Mbps, 1280 by 720 pixels, 30 frames per second, audio in ulaw, PCM stereo audio in .avi file format
Support for 1024 by 768 pixels with Dock Connector to VGA Adapter; 576p and 480p with Apple Component AV Cable; 576i and 480i with Apple Composite AV Cable (cables sold separately)

Cameras, photos, and video:
Video recording, HD (720p) up to 30 frames per second with audio; still photos (960 x 720) with back camera
VGA-quality photos and video up to 30 frames per second with the front camera
Tap to control exposure for video or stills
Photo and video geo tagging over Wi-Fi

Input and output:
30-pin dock connector
3.5-mm stereo headphone minijack
Built-in speaker
Microphone

External buttons and controls:
Sleep/wake
Volume up/down
Home

Sensors:
Three-axis gyro
Accelerometer
Ambient light sensor

Battery and power:
Built-in rechargeable lithium-ion battery

Playback time:
Music playback time: Up to 40 hours when fully charged
Video playback time: Up to 7 hours when fully charged
Charging times: Fast charge in about 2 hours (80% capacity), full charge in about 4 hours.

Apple releases updated nano, shuffle music players

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Date: Wednesday, September 1st, 2010, 16:18
Category: iPod, News

And now, the reason you were curious about the Apple media event: new iPods. Per Macworld, Apple released dramatically updated iPod nano and shuffle music devices, the iPod nano receiving a touchscreen interface while the shuffle’s buttons were returned to its control scheme.

At long last, the iPod nano has shed its Click Wheel interface for a multitouch interface that uses tap and swipe to control. Apple says the new design makes this nano 46% smaller and 42% lighter than the previous version.

“Almost half as small, almost half as light as its predecessor,” Jobs said.

To get the nano that small, though, Apple shed the built-in camera that was introduced just last year to the fifth-generation iPod nano is gone, meaning users won’t be able to snap pictures and record video with the new device. They also won’t be able to watch video on the nano’s 1.54″ color screen; instead, Apple is positioning this version of the nano entirely as a music device.

The latest nano features an iPod shuffle-like video clip, making it easy for users to attach the music player to their clothing. The device also features physical volume buttons, a Shake to Shuffle feature for summoning new songs, and VoiceOver technology to announce artists, songs, and albums. There’s also an FM radio, support for Nike+, a pedometer, VoiceMemos, a Photos app, and support for 29 different languages. According to Apple, the built-in battery can handle 24 hours of audio playback.

During a demo of the new nano’s software, Apple CEO Steve Jobs pointed out multiple Home screens, each capable of holding up to four icons. As on Apple’s iOS devices, you can rearrange the icons by tapping and dragging them. Unlike iOS devices, there’s no Home button—you tap and hold on the screen to return to the Home screen.

While you’re playing back a track, you can tap to bring up the controls as a translucent overlay over the album art. Just in case you clip the nano to your clothes upside down, you can use the two-finger rotate gesture to turn the Home screen.

As with previous versions of the nano, there’s the usual 30-pin dock connector and a headphone jack.

The new nano comes in seven colors—graphite, silver, pink, blue, yellow, and green, and a Product Red version. It will ship next week in two capacities: a US$149 8GB model, and a 16GB for US$179.

Prior to its unveiling, Jobs discussed the changes that had progressed with last year’s iPod shuffle, which was scaled down in its previous generation.

“People clearly missed the buttons,” Jobs said. So Apple combined elements the second- and third-generation models to create an iPod shuffle with the same circular playback controls that appeared on the second-generation iPod shuffle: Play/Pause, next track, previous track, and volume up and down. The fourth-generation shuffle also includes the third-generation iPod shuffle’s support for multiple playlists and the VoiceOver feature. Apple’s also added support for Genius Mixes, which automatically create mixes from songs in your music library. In addition, the shuffle’s built-in battery can last for 15 hours of music, according to Apple

The aluminum exterior of the shuffle comes in five different colors: blue, pink, green, yellow, and silver. Like its predecessors it comes in a single 2GB capacity for US$49.

Per the iPod classic, the device essentially remained the same, the device still offering up to 160GB of drive space and retailing for US$249 on Apple’s web site.

Apple announces iTunes 10 at media event

Posted by:
Date: Wednesday, September 1st, 2010, 16:28
Category: News, Software

Kicking off today’s Apple media event, Apple announced that iTunes 10 will be available today. The new version includes a feature called Ping, a social music discovery tool that allows users to follow friends and artists, helping customers to discover and share new music.

“It’s sort of like Facebook and Twitter meet iTunes,” Apple Chief Executive Steve Jobs said of the entirely new Ping service. He described it as a social network all about music, built in to the new iTunes, now available for download.

Per AppleInsider, the product is based on discovery, allowing users to see what their friends are listening to and what concerts they’re going to.

Users can choose to “follow” artists, as well as their friends, and iTunes will populate a customized top 10 list that represents what their friends are downloading. Users can also see concerts that are coming near them, and inform their friends that they will be attending.

Ping users can sign up immediately and the service will also be available to iPhone and iPod touch users through the existing iTunes Store.

Jobs also demonstrated a new “hybrid” view within iTunes 10, which automatically displays album art when there are five or more tracks from the same record.

Stay tuned for additional details as they become available.

iOS 4.1 beta points out forthcoming fixes with proximity center, Bluetooth, Game Center, etc.

Posted by:
Date: Monday, August 23rd, 2010, 05:12
Category: iPhone, News, Software

The third beta of Apple’s upcoming iOS 4.1 update points out a slew of fixes to be expected when the software releases.

iOS 4.1 is currently in its third beta, released earlier this month. Per AppleInsider, the update addresses many issues that users have experienced, including problems with Bluetooth connectivity.

The official list of fixes and enhancements does not make mention of the proximity sensor or Bluetooth functionality. However, time spent with the latest beta build shows a marked improvement with those features.

The most recent update also added new features such as a new API that allows apps to access contact thumbnail pictures.

Proximity sensor:
While not documented by Apple, experience with the iOS 4.1 beta has shown that the proximity sensor on the iPhone 4 is far more reliable. Since the device launched in June, users have reported that the handset’s touchscreen will sometimes turn on in the midst of a call, resulting in accidental button presses that can end a call or place someone on hold.

At a press conference in July, Apple CEO Steve Jobs confirmed that his company was aware of the problem and working on a fix. But the first two minor updates to iOS 4, in the form of 4.0.1 and 4.0.2, did not address the problem.

Game Center:
Game Center has been touted by Apple as a major feature of iOS 4 and works much like Microsoft’s Xbox Live, making it easy for users to play and talk about games.

With Game Center, users will create an alias that represents their online persona. The community service allows players to interact with one another anonymously via their alias. When Game Center is launched later this year, users will be able to create a friends list, set “status updates” and more.

Developers access the features of Game Center through the Game Kit framework API provided by Apple. The API includes leaderboards for scores, allowing players to compare their performance in a game to friends and others.

Game Kit also allows developers to enable player-versus-player matchmaking for their titles. Through a Game Center account, players will be able to compete in online games against one another, or with a group of people.

As noted earlier this week, the latest beta also added a Game Center restriction. The feature allows the owner of an iPhone, such as a corporation or parent, to restrict access to certain functions of the device.

Other changes:
Users will have the ability to turn on or off a “Check Spelling” feature in the Keyboard section of the iPhone’s Settings application. Users can have misspelled or unrecognized words highlighted without enabling the Auto-Correction functionality.

As previously reported, the latest beta of iOS 4.1 allows users to conduct FaceTime video chat via another person’s e-mail address. This is likely how the forthcoming iPod touch refresh, widely expected to have a forward-facing camera, will allow users without a phone to engage in a FaceTime call.

Camera controls now reposition between portrait and landscape orientations. Currently in iOS 4, the flash and camera selection buttons will only rotate accordingly when the camera is physically turned. In the third beta, the buttons transition to remain atop the screen, regardless of orientation.

Developers have access to new functions to identify the BSSID or SSID of the current Wi-Fi hotspot that the user is connected to.

Developers now have new methods to save images to a user’s photo album.
iOS 4.1 also includes new capabilities that allow applications to control fonts.

Stay tuned for additional details and if you’ve been able to play with the third beta of iOS 4.1, let us know what you made of it.