Apple enthusiasts have a lot to be excited about after the company announced on Wednesday several product and mobile device operating system enhancements.

The word of the day was smaller and better, as Apple CEO Steve Jobs unveiled bug fixes for the iOS platform, the biggest makeover for iPods and iTunes, and a re-designed Apple TV that allows consumers to rent HD movies and TV shows.

Jobs opened the special event by providing statistics on the company’s mobile operating system and announcing a new release of iOS 4.1…