Mashable reports: Apple’s new privacy policy contains a small new paragraph of big importance: it gives the company license to store “the real-time geographic location of your Apple computer or device” and share it with “partners and licensees.” As if we haven’t had enough privacy kerfuffles of late. Apple goes on to assure customers in the remainder of the new clause that location data is “collected anonymously in a form that does not personally identify you.” Still, there seems to be no effective method of opting out of the data storage and sharing, as you’ll need to agree to the new terms and conditions before downloading new apps or any media from the iTunes store.

The company gives a nod to MobileMe’s “Find My iPhone” feature as one of the services that requires personal location information to work, but it’s not saying much about other details including who the data will be shared with and for how long it will be stored. Apple says the information it collects will be used to “provide and improve location-based products and services;” check out the full text of the new paragraph in the privacy policy below:

"To provide location-based services on Apple products, Apple and our partners and licensees may collect, use, and share precise location data, including the real-time geographic location of your Apple computer or device. This location data is collected anonymously in a form that does not personally identify you and is used by Apple and our partners and licensees to provide and improve location-based products and services.

For example, we may share geographic location with application providers when you opt in to their location services. Some location-based services offered by Apple, such as the MobileMe “Find My iPhone” feature, require your personal information for the feature to work."

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