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Apple to Possibly Announce Movie Store

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After nearly a year of speculation, Apple (AAPL) seems poised to announce its much-speculated movie store as a part of iTunes. Apple Insider has learned that the co-founder of Apple Computer, Steve Jobs, plans this September 12th to "summon the worldwide media to a special event next week in which he'll usher in a new chapter in the company's digital media strategy."

Along with the likely push towards a bigger screen, Jobs is also rumored to likely announce new iMacs and a much-anticipated update to the iPod nano. The question is: will Jobs' introduce a new player for the movies so users don't have to get a crick in their neck watching the tiny screen? AppleInsider reports that Apple has quietly developed a video streaming device that will interface with an updated version of its iTunes Jukebox software.

Whatever Jobs' does announce, look for him to go after the competition (Microsoft, Sandisk, and now Samsung) with a new iPod nano and surprise everyone, as only he can, with the company's movie plans.
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Last updated: November 25, 2009: 12:00 PM

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