Apple planning Social App?

Word on the street doing the rounds suggests that apple inc are planning to tie iTunes 9 into a “Social” application.

iTunes has few social features so this could be right for them.

According to boygenious,the application will allow you to broadcast what music you’re currently listening to, allow you to share your music with people on your network, connect with your friend’s friends and update all of your statuses at the same time. ITunes 9 will let you broadcast music statuses as well.