Cupertino, Calif. – Apple (NASD: AAPL) confirmed on Tuesday that it will indeed introduce a cloud-based service, “iCloud,” at the company’s upcoming Worldwide Developers Conference (WWDC) next month.

The company has reportedly signed licensing deals with three of the four major record labels, that would allow it to offer a cloud-based music storage and streaming service.

These deals are expected to enable Apple to offer more advanced features than what’s currently offered by on rival cloud music services recently launched by Google or Amazon.


Related Links: