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All Things Digital: Don’t Hold Your Breath For iTunes Cloud Tomorrow

Uh oh, here’s what Peter Kafka from All Things D has to say about Apple’s teaser on its homepage and the big iTunes announcement tomorrow:

I’ll be very surprised if it is music related — like a new music subscription service, or even one that lets you stream music you already own to multiple devices. The music industry sources I’ve talked to so far today don’t know of any new deals between Apple and the big music labels. So that would rule out a new subscription service, which would definitely require a new rights deal.

And that also makes it very unlikely that Apple does the next best thing: Letting users upload their iTunes catalog to the cloud, and letting them access it anywhere they want.

It’s getting trickier. Speculation continues.

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