Spotify is a groundbreaking music application that currently not is available in the US, but they plan to launch in the America within the next couple of months. Today they unveiled their upcoming iPhone app (if they get it launched, personally I think they will have some major problems with getting it through due to it’s direct competition with iTunes). You will need a Spotify premium account to get it going, currently €9.99 per month. A video of the app in action is available after the jump.

More information from the Spotify blog.