Is Taylor Swift seeing RED or feeling BLUE?

Taylor Swift’s new album Red turned to Gold almost immediately upon its iTunes arrival. Swifty’s latest collection of breakup ditties went to #1 on iTunes just 12 hours after its Monday morning midnight release.

That’s great and all, but Taylor may be feeling more blue than red since her summer fling with Connor Kennedy is over and it may be NOT of her choosing!

An inside originally said, “They quietly parted ways a while ago. It was a distance thing.  No hard feelings. They’re fine. It’s been over a month since they’ve seen each other. With her promoting her album Red, she has no time off [at all].”

However, Radar Online is reporting an alternative theory…their source says that Connor was just 18 and not looking for anything serious and it freaked him out how strong she came on. Plus he felt like “she was more obsessed with the idea of dating a Kennedy, than the actual Kennedy she was dating.”

But, hang on! There is a third theory! Hollywood Life claims the relationship is not officially over; that this is more of a ‘break’ than a ‘breakup.’ We hope so, otherwise the $4.5 million mansion that as of now, Taylor is still moving forward with purchasing, which is right next to the Kennedy compound, will be a bit awkward. She’s scheduled to close on it in two weeks…