Apple rumored to launch cloud-based streaming iTunes soon
That fits with a recent Steve Jobs email that said Wi-Fi syncing between Macs and iPhones would arrive "someday." Cloud music storage would help Apple get around the storage limitations of its iPhones and iPads. In terms of battling Google, Apple has an upper hand with its established music business and iTunes customer base, but Google has a more established cloud operation. As MG Siegler at TechCrunch points out, the notoriously unreliable MobileMe probably won't be able to handle the massive traffic that a cloud-based iTunes would generate.