It’s Showtime

The iTunes Music Store is down this morning — big changes expected today.

It's Showtime

What will they be? What will they be? Steve Jobs speech later today.

Update: Here are some highlights:

60 million iPods sold through last quarter.

New earbuds. Look the same, sound better.

New iPods: 80GB, $349. More for less. Brighter screen.

New Nanos: Colors, or aluminum case. Battery lasts 24 hours. New 8GB model for $249, same price as 4MB was.

New iShuffle. 1GB $79. Smaller. Aluminum case.

iTunes 7. Separate sections for music, TV, movies. Album art for all your iTunes tracks (if you have an iTunes account). 3.5 million songs of album art. Will now let you move purchased music between authorized computers via iPod. iPod management now within iTunes (not just in Preferences).

CoverFlow is now built into iTunes. Search your music by album covers!

Video resolution increased 4-fold.

And movies now available. DVD-near quality. Surround sound.

And, as Ken has already added to the comments, the last item was iTV, to be released in early 2007. It will be a wireless networking box that will allow you to play your iTunes audio or video files on your home theater. $299.

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