Apple just trademarked some sort of weird logo for a hand-held gaming rig which everyone is speculating is actually some sort of very exciting Apple-branded handheld game system that will work with iTunes and be the best thing in the world. What I really think is going on here is that Apple is trademarking a logo for when some crazy Chinese pirate company starts making “Apple” branded game units or this has already happened and they’re just doing due diligence. Chances of an Apple game console? Slim to 5%.

Toys, games and playthings, namely, hand-held units for playing electronic games; hand-held units for playing video games; stand alone video game machines; electronic games other than those adapted for use with television receivers only; LCD game machines; electronic educational game machines; toys, namely battery-powered computer games

Apple [TradeMork]