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Apple Promises ‘Exciting’ iTunes Update Tuesday

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The Apple Inc. logo

The Apple Inc. logo on one of their company stores. (Boris Horvat/AFP/Getty Images)

CUPERTINO (CNET / AP) — Apple promised an “exciting” and “unforgettable” iTunes announcement for Tuesday.

The iPhone maker replaced its home page Monday with a note that read, “Tomorrow is just another day. That you’ll never forget.”

The page instructed people to check back at 7 a.m. Pacific time on Tuesday to learn more.

Apple Inc. gave no specific details about the announcement.

There has also been no industry consensus on which features might come next for iTunes. Some industry insiders have speculated that Apple might announce a cloud-based music management system–perhaps related to new data centers it’s building in North Carolina–but others suspect that Apple could announce a subscription-based streaming service.

The company’s purchase of the Lala streaming service last year initially suggested a move to the cloud for iTunes. The startup Lala let people pay a small fee to stream music over the Internet instead of buying tracks for download.

However, Apple shut down LaLa — making many wonder whether iTunes would see a merge with these technologies.

Some analysts believe Apple will eventually offer iPhone and other gadget users Web access to their iTunes libraries.

So far, Apple hadn’t made any similar features available for iTunes users. The company would need to have new deals in place with music labels first.

(© 2010 CBS Broadcasting Inc. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed. The Associated Press contributed to this report.)

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