Planned for 10 a.m. ET, Apple's announcement could bring together iTunes and cloud computing, a way for users to store their music and videos on remote servers so they can access the libraries from a computer wherever they are.
Apple's teaser for the announcement was done in the Cupertino, California computing giant's typical grandiose style.
"Tomorrow is just another day. That you'll never forget," reads a teaser page on Apple's website.
The page also features images of four clocks, showing the time in California, New York, London and Tokyo, giving further rise to speculation that a "music anywhere"-style announcement is in the works.
Apple is reported to have recently finished building a new data center in North Carolina. Such data centers are used to store data "in the cloud."
Other speculation has centered on iTunes subscription plans that would let users pay monthly for access to movies and music.
"Apple currently offers season pass-pricing on television shows, but that's the closest thing you'll get to an all-you-can-eat content plan in the iTunes Store," wrote Wendy Sheehan Donnell for PCMag."C'mon Apple, please let us pay a monthly subscription fee for all the music and video we care to consume."
Source: CNN
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