According to an Apple Internal memo not yet release to the public, Apple will now allow transferring an AppleCare agreement on a product bought within the last 30 days to a another product of the same type. Previously, the policy stated that AppleCare must be canceled and then repurchased if you wanted it to cover another product you own. If you gift or sell your covered product to someone else, AppleCare could always be transferred with a simple phone call.
