*sigh* Apple...
I have issues with this, so indulge me for a sec.
1) Apple is essentially saying that certain things cannot be filmed/recorded, based on their 'own' definition of what is ok/bad. So your memories of an event are fine but augmenting those memories with a camera is wrong (a little extreme to put it that way but interesting nonetheless). So they'll make certain things impossible to film/record? I realise that recording a concert for other people to watch may be a bit iffy legally, but really, who would watch an iphone video and say, "Welp, now I don't have to see THAT band in concert anymore". Ultimately the free marketing of a filmed concert (probably?) far outweighs the potential lost revenue.
2) 'Patenting' the idea of determining electronically whether what is being filmed is illegal, or not, is a fairly dickish move. Since all patenting does is allow for the suing of people who try to do the same thing. In a roundabout way, Apple is trying to patent copyright infringement so that they can sue for infringement on it
3) Generally I'm against closed source devices/programs which limit your ability to use your own device, or software which filters your available information invisibly e.g. PS3 (and weirdly search engines+social media http://www.ted.com/talks/eli_pariser_beware_online_filter_bubbles.html). My prediction is that we will get another Geohot'esque moment where someone hacks the phone to eliminate this restriction.
Overall, I would like to say that I'm not against artists being paid for their work, pro-piracy, or against (possibly) companies patenting technological developments. It's just that Apple (and many other successful companies) really get on my nerves whenever they announce a new development in the fight against piracy, rather than changing their outdated business models to fit a changing world. c.f. Techdirt.com for more (biased?) info on current copyright law.
massive post, sorry, but have been building up to it over the past year with all that's been going on.