updated 08:40 am EST, Mon February 27, 2006
Video download service
Apple is preparing to launch a film download service that could launch as early as this week, according to a new report. Following the sale of its billionth song last week, the company will push its strategy to "network computing and entertainment products around the home so music and video can be wirelessly streamed from one device to another. Films downloaded on to an Apple computer from iTunes could be transferred through an Apple Airport wireless connection to a digital television or stored on a video iPod," according to The Business. "There is also talk that Apple is planning the launch of an Apple-branded hi-fi that will enable iPod users to dock their iPod music player into a device that will then turn the compact digital music player into a fully-fledged hi-fi that will enable them to share their music collection in the living room, the kitchen or at the beach."