No Cloud Music for iPad's Launch

For anyone hoping that a cloud-based music service will launch with the iPad this Saturday, disappointment is lurking.

Music industry sources told CNET this week Apple has informed label managers that a streaming music service is unlikely to be ready before the third quarter.

It will be a disappointment for iTunes fans who have been speculating as to when Apple might use music site Lala--which Apple acquired in December--for its streaming expertise to launch a cloud-based music service.

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Some had hoped such as service might arrive when Apple unveiled the iPad tablet in January, but it was a no-show. That same month, Apple executives spoke to the major record labels about enabling people to store their music on the company's servers and access their songs with Web-enabled devices. At that point, music-industry insiders speculated that Apple's new service might debut early this year. You can read the full text of this article at CNET News.com.
By Greg Sandoval