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1.
Internal laugh out loud. The laugh out loud you do when you don't actually laugh out loud. In reality this accounts for 99.99999% of actual lols. Often misunderstood by Apple fanboys to be related to Apple simply because of the i prefix. This misunderstanding in itself causes an ilol.
That cat video made me ilol. (Meaning I watched the cat video and thought it was mildly amusing but I made no physical sound, although I may have smiled.)
Por devScott 26 de mayo de 2013
 
2.
When Apple employees and trendy people laugh aloud at each other's trendy humor.

Stevie: ... and then I said its smooth and aqua-like.
Jawbs: iLOL

More often used when non-trendy folk laugh at design limitations in the Apple product range.
guest #313: ... DRMs and the iPhone's battery cannot be replaced, without returning it back to Apple HQ.

m$ drone: iLOL
Por fuekewl 05 de julio de 2007
 
3.
From the internet term Lol, meaning Laugh out loud, originally coined by Windows user comes the brand new take on an existing term by Apple.
The iLol, related in origin to Lol but much, much better.

Linked with Roifl and "Putting an 'i' in front of absolutely everything!"
Andrew: Hey Jon, did you see Megan's new facebook status?

Jon: No, wait. iLol! What a whore.
Por Andythrax 24 de noviembre de 2009
 
4.
another thing apple put an "i" infront of....
New from apple, the iLOL
Por C.I.A. AGENT 04 de marzo de 2008
 
5.
another thing Apple put "i" at the beginning of.
New from Apple: the iLOL!
Por C.I.A. AGENT 05 de marzo de 2008