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FASB greenlights key change in accounting rules

May have large impact on Apple investors

The Financial Accounting Standards Board has officially certified a change in GAAP accounting rules, one which could significantly influence Apple stocks, the Wall Street Journal writes. A draft measure of the change was completed earlier this month, after pressure from corporations including Apple, TiVo and Xerox. As a result, businesses selling hardware linked to subscription services should now be able to report earnings as they are produced, instead of over an extended period.

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AirPort 5.4.2 fixes bugs in Apple's wireless routers

AirPort 5.4.2 fixes bugs

Apple today released an update to its software for its line of branded wireless routers, including the AirPort Express Base Station, the AirPort Extreme Base Station, and Time Capsule. AirPort Utility 5.4.2 includes general fixes and compatibility updates for the following applications: AirPort Utility and AirPort Base Station Agent, Apple said. It also also installs AirPort Disk Utility on Macs running Tiger. An updated version for Windows PCs is also available.

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New firmware for AirPort, Time Capsule fixes security

AirPort, Time Cap. 7.4.1

Apple has released a combined update for AirPort base stations and the Time Capsule, bringing all of the devices' firmware up to v7.4.1. Though mainly intended for new dual-band models, the firmware can also be applied to older hardware; in the latter case it enables remote administration, and remote access to attached USB drives through Back to My Mac, though not for an AirPort Express. Creating Time Machine backups on a Time Capsule has also been made more reliable.

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DealNN: 20-inch iMac, MoGo, AirPort Extreme, more

DealNN: iMac, MoGo, more

Today's featured DealNN deal is on the 20-inch iMac from ExperCom.com. It has been reduced in price from $1199 to $999. The iMac has a 2.4GHz Intel Core 2 Duo processor, 1GB of memory and a 250GB hard drive. Features include Bluetooth, iSight webcam, microphone and 8x SuperDrive.

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Apple updates AirPort Client, Utility

AirPort Utility update

Following the launch of new AirPort Extreme and Time Capsule devices, Apple has released updates to the AirPort Client and AirPort Utility. The AirPort Client Update 2009-001 addresses issues with roaming and network selection in dual-band environments. The new wireless routers can simultaneously communicate across the 2.4GHz and 5GHz bands. The 2MB download is recommended for all Intel-based Macs running OS X 10.5.6.

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AirPort Extreme, Time Capsule made dual-band

New AirPort Ext, Time Cap.

In addition to its updates to the iMac, Mac Pro and Mac mini, Apple has also released new AirPort Extreme and Time Capsule peripherals. Both of the devices now support simultaneous 2.4 and 5GHz wireless connections, allowing the creation of separate networks, such as distinct 802.11n and 802.11b/g connections, or a Guest Network which restricts users to Internet connectivity.

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