iOS 4.3 rumored to be released in December

While iOS 4.2  was released by Apple on November 22, 2010 it is rumored that it might release iOS 4.3 about hte end of December . iOS 4.2 introduced various features to Apple products such as Multitasking, Folders, Unified Inbox, Game Center, AirPlay and AirPrint . Users can now  run their favorite apps and switch between them instantly .

AirPlay helps compatible devices to receive content from iPad or iPhone to that device. AirPrint utilizes Wifi and works with AirPrint compatible printers .

iOS 4.3 is romored to introduce a new subscription billing API for in-app purchasing . A popular subscription news app called The Daily from News Corp. is expected to be released with iOS4.3  that would cost readers 99¢ per week for daily news updates. Improved support for AirPlay is also expected .