The much celebrated CEO of Apple Inc (NASDAQ:AAPL), Steve Jobs, looks set to return to the company from medical leave to introduce the upcomig iCloud cloud services product.
Apple Inc (NASDAQ:AAPL) Chief To Return For iCloud
343.44 -2.66 (-0.77%)
Although only small amouts of information have been released thus far about compay’s aual conference for software developers, it is widely expected that Jobs, who has been on medical leave will be back in his familiar turtleneck sweater on the stage to unveil their next-generation product.
The iCloud service is expected to offer the ability for users to stream music to mobile devices and computers from the internet, cutting out local storage from the equation.
There have been recent rumours that deals are already in place with record companies to allow seamless integration between iCloud and iTunes, Apple Inc (NASDAQ:AAPL)’s music player software.
Apple Inc (NASDAQ:AAPL) has been investigating different ways to increase the variety of revenue streams available to the company, as their various marketplaces, including smartphones and tablets, become increasingly diluted by competitors’ products.
Apple Inc. (NASDAQ:AAPL) company shares are currently standing at 343.44.