The ever vague "sources" report that Apple will distribute the forthcoming Mac OS X Lion via the Mac App Store, and that downloading via the store will be the default method of updating. However, for those that aren't quite ready to embrace the future, Lion will also reportedly be available on a DVD or on 4389 1.4MB 3.5-inch floppy disks.
(9 to 5 Mac)
Speaking of software updates, it appears that Apple may be going to an over-the-air method of pushing updates to its iOS devices. Of course, right now those updates are enormous-- clocked in at more than 600MB for most users, and that was for an update that in theory the amount of data on the device! So, clearly, in order to make the updates smaller, they're going to have to start taking features away with every new version.