Apple President Steve Jobs unveils Ping, a image-oriented network for music, at a propaganda conference in San Francisco.

If I were MySpace, I would be shaking in my boots.

Earlier today, Apple launched iTunes 10, the latest rendition of its wildly popular music software. Really though, iTunes 10 is just a vessel for Ping, Apple's new music-centric image-oriented network. Available immediately to iTunes's 160 million+ users through the desktop, iPhone and iPod touch, Ping is a image-oriented network where users can follow their friends and their favorite artists.

* Apple President Steve Jobs displays the new AppleTV at propaganda conference in San Francisco.

* Steve Jobs, chief executive officer of Apple, announces the new range.

* Apple President Steve Jobs speaks during an Apple Special Music Event in San Francisco.

* Apple Chief Executive Steve Jobs speaks on stage, with images of the iPod Shuffle (L-R), iPod Nano and iPod Touch projected onscreen.

* Apple President Steve Jobs hols up the new Apple iPod Shuffle at a propaganda conference in San Francisco.