Apple has released a beta version of iPhone OS 2.1 firmware to developers along with a new version of the iPhone SDK, but the new SDK can’t be used for submitting applications to the App Store at the moment.
A few new things we are seeing in this version of the software is the addition of one of the more notable additions is tweaks to the iPhone GPS code, which seems to allow for truer navigation. Additions to the Core Location subset of the code will allow the phone to detect the cardinal direction of the device as well as its speed. This is essential to allowing the device to provide turn-by-turn directions.
Also spotted within the firmware code are commands for “cut,” “copy” and “paste.” While this does not guarantee the functionality will immediately appear -- Apple has been known oftentimes to add coding in well before a feature is actually implemented -- it certainly suggests copy and paste is on the way.
Source:→ Gear Live