Monday, June 6, 2011

Apple iCloud Might Have Better Advantage Compared to Amazon and Google

Referring to the recent article by Bloomberg Business Week.

Apple might be able to transform the Music Industry.
“Label executives say they are negotiating aggressively to make sure they profit from the shift to the cloud. It may be the last opportunity to stem rampant piracy and years of plummeting sales.
Apple (AAPL), the reigning heavyweight of the music business, may have solved this cloud conundrum. It has reached agreements with three of the four major music labels and is close to reaching terms with the fourth, Universal Music, according to people with knowledge of these deals but who can't speak on the record because the talks are private.”

Let’s wait for the announcement of iCloud by Apple today at WWDC 2011.

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