Apple (AAPL) Could Soon Unveil iTunes Cloud Service

May 20, 2011 7:47 AM EDT
Rumors Friday morning suggest Apple (Nasdaq: AAPL) has reached agreements with Sony (NYSE: SNE), Warner Music (NYSE: WMG) and EMI which will allow iTunes users to access their music library from the cloud.

One source said Apple's cloud service won't require iTunes fans to upload tracks. The services cost is also another topic of debate; some believe Apple will offer the cloud service for free, while others say it will carry a small charge.


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