Breaking: iTunes Update Out Today

Just  in time for Saturday’s delivery of the first iPads  Apple has released an update to its iTunes software.The update includes iPad syncing and iBooks support but doesn’t include the music streaming that many have anticipated ever since Apple bought Palo Alto music site Lala in December. CNET quoted unnamed music industry sources who said Apple has said streaming music isn’t likely before the third quarter.

One new iTunes feature Apple said it has included involve the Genius music feature which will now let users rename, rearrange and remove track mixes generated by the tool.

Apple also updated iPhoto this week so that it will be ready for iPad users when they get their new tablet devices on Saturday.