Image via CrunchBase Apple Inc. is very near to make announcement declaring the launch of its online cloud music storage and streaming service. It has almost signed the deals with three out of four most major labels successfully and is soon expected to finish its deal with the fourth company as it signs the agreement in next several days.
Apple Inc., the widely popular company for breaking records in selling its devices like iPhone and iPad, had finished the designing of its new service few days back from today. Many analysts have predicted that Apple will perhaps win the race with its rivals, including Google Inc and Amazon.com, to launch its complete 'cloud' music service with singed agreements from the music industry. This new iTunes cloud-based service will be offering all its users to not only buy and store their songs online, but also stream these songs from where ever they have an Internet access; regardless of the device they use.