Just like most Apple products, Apple Music isn’t the first of its kind in the market. Apps like Pandora, Spotify, iHeart Radio and many more have been dominating the music streaming market.

Jimmy Iovine took the stage for the first time as an Apple employee during the WWDC keynote event and shared details about Apple’s upcoming music streaming service. Apple Music will allow users to stream unlimited music, offer 24×7 global radio station and include social media integration for artists to connect with their fans.

Apple Music will recommend songs based on the music you own and offer hand-picked playlists that match your taste in music. This will allow users to discover great tracks that otherwise could go undiscovered.

Beats 1 will be integrated into the default Music app on iOS 9 and will mark Apple’s entry into the world of radio stations as it will offer a global 24×7 channel for the latest music, interviews and culture.

Another feature as a part of the new music streaming service is Connect. It’s where artists will be able to share unreleased demo tracks, acoustic version of the latest hit, video shot in the studio and much more.

Apple Music will be publicly available on June 30 on iOS and Android. The service will offer a generous three-month trial and post that it will cost $9.99 a month for an individual user and $14.99 a month for family plan.

UPDATE: Apple today unveiled the new iPhone 4 and its price details. The iPhone 4 will come in a 16GB model for $199 and a 32GB model for $299 in white and black. The iPhone 3G will no longer be manufactured and the iPhone 3GS will now sell for $99. The new phone 4 will launch on June 24th to the United States, United Kingdom, France, Germany, and Japan with pre-orders starting on June 15th.

Piper Jaffray analyst Gene Munster today in a research note predicted the price of Apple’s new iPhone 4G / HD. He suggests that Apple will follow the 3GS price pattern for the new iPhone 4G.

Apple will introduce a 32GB version of the so-called iPhone 4G at $199, and a 64GB version at $299, Piper Jaffray analyst Gene Munster predicted in a research note published Wednesday.

The 16 GB iPhone 3GS is currently available for $199 and 32 GB is priced at $299. Although Walmart is already offering iPhone 3GS 16 GB model at $97 with a two year contract right before iPhone 4G launch.

The rumor mill is reporting an early June release date for the fourth-gen iPhone.

Would you be happy if Apple introduces the new iPhone 4G / HD in 32GB and 64GB models? Will the “one more thing” be Verizon iPhone 4G? Let us know your thoughts in the comments.