iTunes, Google Music Betting On The Cloud
February 25, 2011 at 4:37 AM (PT)
What will the next generation of online music services look like? THE FINANCIAL TIMES, which has found out from music industry execs, explains, "APPLE is now looking to use the cloud mainly to allow users of its iTUNES store to back up their collections and access them from any APPLE device,' writes PAIDCONTENT.ORG.
The other big player, GOOGLE is reportedly also planning to allow cloud-based backups.
Insiders feel this method of storage supports growth on tablets and smartphones, which have far less storage capability than traditional laptops and desktops.
That's important to music retailers, as digital music sales have largely peaked in the U.S.