According to a report from 9to5 Mac, Apple (NASDAQ:AAPL) is working on iTunes 11, which may support upcoming iOS 6.Shares of Apple (NASDAQ:AAPL) are trading higher premarket, up 1% on positive comments from Piper Jaffray’s Munster.Apple (NASDAQ:AAPL) has potential upside of 6.5% based on a current price of $628.44 and an average consensus analyst price target of $669.45.