Back in September, there were reports that Apple was in talks with major record labels to launch an Internet radio service that would rival Pandora. That news caused Pandora shareholders to, well, freak out.
Then, in October, speculation heated up that Apple was close, and might even launch its radio service in November.
Yet, here it is December, and still no official word from Apple HQ. However, analyst Richard Greenfield of securities firm BTIG thinks Apple handed us a whopper of a clue about its intentions when it released iTunes 11 last week.
In a short research note, Greenfield says he believes Apple is in position to unveil an "iRadio" service (or, whatever it would be called) in the first half of 2013. As evidence, he points to the upgraded position that iTunes' radio feature received in the new release of the software.
"Apple’s iTunes 11 has made the current generation 'Radio' product far more prominent, adding it to the horizontal feature bar that runs across the top of the screen," Greenfield wrote.