Media event set for September 9, launch likely ~10 days later.
iTunes Store Now Accepting Donations for Superstorm Sandy Relief
Apple will transfer 100% of each donation directly to the American Red Cross, allowing users to have their donations seamlessly billed to their existing iTunes Store accounts. With Apple currently holding over 400 million iTunes Store accounts with credit cards attached, the company has a very significant customer base that can take advantage of the donation program.
Apple has conducted several similar campaigns in the past, most recently in March 2011 following the Japanese earthquake and tsunami and in January 2010 following the Haitian earthquakes.
Update: Apple has now added a link to the iTunes Store donation page on the main apple.com page.