I love a conspiracy theory, so much so I think I am tempted to make one up. Apple has apparently trademarked the term "iTunes Live". But they haven't explained what Apple Live will be, so let's speculate.
Apple have been supporting live music sessions in their various stores. Perhaps they'll record them and make them available via iTunes. Or ...
It may be functionality to enable web content to be fed to iTunes and / or your iPod or iPhone. A kind of music streaming service, in real time.
Of course it might be the re-emergence of the music streaming service Lala that Apple bought and closed down.
Or you could add your own guess.
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