Apple is rumored to have started internally developing the major release of iTunes 11. The work iTunes 11 started before iTunes 10.6 was shipped. iTunes 11 is believed to support the upcoming iOS 6 release and future devices. The iTunes Store and App Store is expected to be revamped between summer and fall. Apple’s acquisition of Chomp will help the company organize apps and media better. iCloud will have a dedicated settings panel within iTunes 11 for syncing data stored on your iOS devices.