Piper Jaffray analyst Gene Munster has assessed the credibility of the top ten rumours surrounding Apple's future plans.

His report confirms that it is "almost certain" Apple's Power Mac replacement, expected to be called the 'Mac Pro', will appear at the Worldwide Developers Conference in August.

He also anticipates Apple will launch Mac OS X 10.5 in late 2006 or early 2007. His report supports expectation Apple will reveal a movie download service through iTunes, and strongly anticipates the release of an iTunes-capable iPhone (within the next twelve months).

He's a little less certain that iChat 4.0 will offer voice over IP telephony capabilities, considers it unlikely the new video iPod will boast a touch-screen, and isn't at all certain Apple will reveal a media hub called iHome.

Talk of a flash memory Mac or iTunes integration in passenger aircraft are near the bottom of the list. Munster dismisses the notion that Apple may add advertising to its iTunes music store as the most unlikely speculation.

He rates Apple stock a buy with a $99 target price.