Bloomberg reports that Apple is planning a total revamp of iTunes by the end of the year. This is reportedly going to be one of its biggest changes since its 2003 debut. According to Bloomberg’s sources, Apple plans to integrate iCloud into iTunes to give you easier access to your music, videos and apps on all your Apple devices. Incorporating iCloud will also allow users to easily manage and organize their music library. Another modification that is reportedly in the works is the integration of social networking sites such as Facebook and Twitter to allow users to share music with their friends using iTunes. Since iTunes is now available in the country, we will also be experiencing this major overhaul of the world’s largest music store.