If you've been paying close attention, as most developers do, to the App Store, you may have noticed some changes.
- New Releases only show BRAND NEW apps, i.e. version 1.0
- Updates are not included in the New Releases
This is potentially a good thing for users but there are some downsides.
The good news is, you won't have to search through old apps to find new gems. It might also discourage developers from submitting minor updates just to be featured on the New Releases page. That will also cut down on approval time as fewer apps need to be reviewed.