In return for paying a premium price for iPods, Apple is set to offer customers unlimited access to the iTunes store.
Apple executives claim customers would be willing to pay $100 (around £50) extra for their iPod or iPhone if it gave them "all you can eat" access to the iTunes library for the "lifetime of the device", according to a report in the Financial Times.
The report also says that it is believed that Apple is considering a monthly subscription for iPhone owners:
who could have a $8 (£4) fee added to their monthly phone bill. Subscription customers would be allowed to keep "40 or 50" tracks per year, even after their subscription has lapsed.
Negotiations between Apple and leading record labels is currently taking place.
