The word is Real Networks is going to submit a Rhapsody for the iPhone application, which is an on demand music streaming version which works over 3G, EDGE and WiFi.

Rhapsody for iPhone enables users to search for specific song in the Rhapsody library which includes eight million tracks and can be browsed by genre, popularity, or new arrivals and once located the users simply taps the song and it will play.

All Rhapsody song includes addition information such as artist and a link to their YouTube page, pictures, bios, and other relevant content. We also have a short video demonstration of Rhapsody for iPhone which you can view below.