Apple to build new features into iPhone, Apple TV free of charge.
From appleinsider.com:
Apple said Wednesday it will leverage its proven capability in the area of software development to gradually add new software features and applications to its iPhone and Apple TV products free of charge, providing its customers with the “greatest possible experience.”
“We are taking this bold step to leverage what we do best,” chief financial officer Peter Oppenheimer said during a conference call with analysts and members of the media. He added that some of the new iPhone applications will be brand new.
Oppenheimer offered few additional details on the two-pronged initiative, but implied that the new features and applications would be made available through automatic software updates to both iPhone and Apple TV.
In order to account for the new features, Apple said it will document iPhone and Apple TV income through a subscription based accounting model, in which income will be distributed over a 24-month period. Payments from AT&T/Cingular will be reported on a quarterly basis.
Yet again something that people expected, although I didn’t see this coming for Apple TV, which is interesting.
At least it’s confirmed by Apple now that new features will be free.
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