This Day On The Street
Continue to site right-arrow
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Cramer's Action Alerts PLUS - See his portfolio and get alerts BEFORE every trade. Learn more NOW!

Apple's iTunes Beatlemania: Tech Rumor of the Day

CUPERTINO, Calif. ( TheStreet -- The Apple (AAPL - Get Report) rumor mill is spinning again. The consumer tech giant is said to be planning one of its keynote events for Sept. 9, and speculation is mounting that the firm will make a major music announcement.

The AllThingsDigital Web site quoted "multiple music industry sources" who said that Apple was planning an event for the week of Sept 7. Apple has often used the week following Labor Day to make major launches so this would not be unusual. Last year, for example, Apple unveiled its new iPod nano and iPod touch on Sept. 9, as well as iTunes version 8.

Intriguingly, Sept. 9 is also the launch date for "The Beatles: Rock Band" video game, and there is growing speculation that Apple will unveil the Fab Four's iTunes catalog on the same day.

Apple's Magical Mystery Event

The Beatles' music is not yet available for digital download, but would certainly give Apple's iTunes business a shot in the arm. Apple reach the 8 billion mark for iTunes downloads earlier this year, although the Cupertino, Calif.-based company is not one to sit on its hands when it comes to a new revenue opportunity.

The Financial Times recently reported that Apple is even working with music labels such as EMI and Sony Music to stimulate digital sales of albums. Code-named "Cocktail", the project will bundle interactive booklets and sleeve notes with music downloads, and is expected to be launched in September.

There has also been talk that Apple could launch its tablet device as early as next month, although recent media reports say that this is unlikely to happen until 2010.

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Try it NOW
Only $9.95
Try it NOW
14-Days Free
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
AAPL $130.42 1.26%
FB $80.41 1.07%
GOOG $555.48 2.13%
TSLA $207.19 1.68%
YHOO $44.45 0.04%


DOW 18,214.42 -10.15 -0.06%
S&P 500 2,110.74 -3.12 -0.15%
NASDAQ 4,987.89 +20.7530 0.42%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs