With speculations in air Apple has quietly released the new iTunes 8.2 version While Apple has not made any official announcements, there’s been lots of speculation on the Web that Apple could release iPhone 3.0 out of beta at the WWDC in San Francisco soon.

The confusion of Grace Note’s Blu Ray support in iTunes was solved by beta who stated that iTunes incorporates Video ID which will allow consumers to flip between the files through their cover art and other information. This, however, doesn’t mean that Blu-ray support is coming in iTunes.

Apple was gradually preparing its application before launching iPhone 3.0. apple had announced the release of iPhone 3.0 in March. The iPhone software, currently in its beta version introduced several consumer oriented features that includes copy-paste, multimedia text capabilities and universal search function. Further, the upgraded iPhone will allow in-app purchasing, peer-to-peer multiplayer capabilities, and apps with third-party hardware. The additions will open up new vistas for more innovative and productive iPhone apps.