
San Franciso, CA - June 6, 2011, Apple's Worldwide Developers Conference, June 6-10, 2011.
Steve Jobs introduced Apple's newest platform called iCloud. It is a music-streaming service. The attendance was to capacity, 5,000 - cost per person, $1,599. Tickets sold out 10 hours after they went on sale - talk about demand.

The principle behind the cloud is that any computer connected to the Internet is connected to the same pool of computing power, applications, and files.
Users can store and access personal files such as music, pictures, videos, and bookmarks or play games or do word processing on a remote server rather than physically carrying around a storage medium such as a DVD or thumb drive. Even those using web-based email such as Gmail, Hotmail, Yahoo!, a company-owned email, or even an e-mail client program such as Outlook, Evolution, Mozilla Thunderbird, or Entourage are making use of cloud email servers. Hence, desktop applications that connect to internet-host email providers can also be considered cloud applications.
Congrats Apple - Continued Recovery Steve!
More, go to:
http://www.cnbc.com/id/43295205/
and
Wikipedia
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