There having been quite a few rumblings about this being iPod related, from the numerous images floating around the web (a.k.a. the "Nano Flower" which was debunked, then Apple get all Legal on it and that made it seem a bit more legit)
From the image it seems to be be iPod / iTunes related - A new iPod that uses the iPhone-esque interface seems to be thought on my mind, to level the playing field, an Phoneless, iPhone if you will.
However, I never guess or put money on these things, I just sit back and see what happens!
Rich