iOS Developer Question:

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Every time -autorelease is sent to an object, it is added to the inner-most autorelease pool. When the pool is drained, it simply sends -release to all the objects in the pool.
Autorelease pools are simply a convenience that allows you to defer sending -release until "later". That "later" can happen in several places, but the most common in Cocoa GUI apps is at the end of the current run loop cycle.