Apple Music fans could soon take pleasure in higher-quality audio streaming in the coming year.

Citing industry sources whose products are showed off during the Portable Audio Festival 2014 in Tokyo, a report by Japanese site Mac Otakara divulged that the Cupertino-based tech giant could be focusing on coming up with Hi-Res Audio streaming up to 96kHz/24bit next year.

While this move from Apple has yet to be seen, such audio format will surely be big news the moment Apple will roll it out, especially to audiophiles who specifically care about the quality of music they are listening to.

It has also been rumored that quite a few audio equipment manufacturers could already be getting ready on their own Lightning cables prior to the move of Apple to jump into improved audio quality.

In the meantime, rumors already surfaced in the past suggesting that Apple intends to launch higher-quality audio formats for the iTunes Store and Apple Music. Mac Otakara earlier claimed that Apple could be planning to release its HD Audio format alongside new hardware, saying these could be rolled out along with iOS 8. Robert Hutton, a music blogger, speculated that the company was focusing its attention to release high-res audio for iTunes Store downloads.

In 2012, Neil Young also claimed that he and Steve Jobs discussed how to improve the quality of audio for the iTunes Store.

In the meantime, it was not too long ago when Apple was likewise rumored to launch its holographic screens soon for its iDevices.

This holographic display which could already be in the works in a secret laboratory in Taiwan is said to be viewable without having to use special glasses.

It is also rumored that the micro-LED screen the company is currently developing is said to be the catalyst of the holographic screen.

Apple is purportedly adding a specialized software and hardware into the device which will make it possible for people to view holographs.

The rumor indicates that Apple already employed 50 engineers and other workers which could be working on iDevices' possible new displays.