iCloud: Nice Recurring Revenue Stream for Apple

Edward Harrison submits:Recently, Apple (AAPL) came out with its Internet-based storage solution, iCloud. This is a very big and very good deal. I want to concentrate on one feature of iCloud, the iTunes in the Cloud product. Here’s the feature comparison that Apple has drawn up for iTunes in the Cloud. Apple lost first mover advantage to Amazon (AMZN) and Google (GOOG) because it hammered out deals with the music labels for its digital music locker service, as these Internet-based services are called. Amazon and Google did not. I am already using both Amazon and Google’s services on my Android phone and tablet as well as on my PC. For the most part, I am pretty happy with both – but I am still considering the Apple product. Why? ITunes Match. Apple describes iTunes Match this way on its website:
If you want all the benefits of iTunes in the Cloud forComplete Story »