Apple’s WWDC 2011 is coming this 6^th of June, but there is still some time to talk about Apple’s iCloud cloud-music-streaming service. So let’s take a look at what we’ve come to know (accurate or not) thus far, before the mighty messiah of Apple takes on the stage.

It is said that Apple will scan customer’s iTunes libraries and quickly mirror the contents on Apple’s own servers, which means that there shouldn’t be much data-transferring here, which is good news for those with slow internet connection.  Oddly, it is said that Apple will also “replace” your low bitrate tracks with higher quality versions it stores in its fully licensed music locker for streaming to your connected devices, which sound rather skeptical.

Of course, this won’t be free. Ah ha! The cost of such service is still unclear thus far, but this service is said to most-probably be integrated into Apple’s MobileMe service (now taken down), which is also “rumoured” to return as a free service “soon”. So, the speculation here is that MobileMe may actually return with a $99 cost, but will include this subscription service “for free”, aka an $8.25 per month music subscription.

So, are you excited about Apple’s upcoming cloud-storage music streaming service?

SOURCE via Businessweek