Not too long ago Apple unveiled the 5th gen iPod Nano which included the ability to listen to FM radio, well according to an article over on geeksmack, rumours are floating about that Apple may be delivering FM radio to the iPhone and iPod Touch.
The iPhone 3GS and second and third generation iPod Touch WiFi and Bluetooth chipsets already deliver the ability to listen to FM radio.
Another rumoured feature is the user may be able to listen to FM radio whilst using other applications the same as when you have synced music, also other features are rumoured to include iTunes tagging and Live Pause, thus enabling the user to purchase and play songs through iTunes via the iPhone and iPod Touch.
they should tie in the radio with the itunes store. If someone likes a song, they can click on something to purchase the song immediately.
I see it as a win/win for everyone… including the recording artist.