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iCloud.com Domain Purchased By Apple Supposedly For $4.5 Million

Since the past few days we’ve been hearing that Apple may buy the iCloud.com domain for its new music service. It has been rumoured that Apple is starting a new cloud based music service, that will allow users to stream their favourite music from their ‘lockers’ from anywhere in the world. Turns out, Apple really has acquired the iCloud.com domain name.

Apple Logo

Xcericon, a Swedish hybrid cloud computing firm has reportedly sold the iCloud.com domain name to Apple.

While both the parties have refused to tell any more details about the sale, it is rumoured that Apple has purchased the iCloud.com domain for a whooping sum of $4.5 million.

Nobody knows just yet why Apple has shelled out such a phenomenal amount of money for a single domain. Critics believe that we might be seeing that much awaited cloud music service from Apple soon. iCloud is one impressive name for a cloud music streaming service.

iCloud.com may not be limited to Apple’s music streaming service only. The company is setting up a huge 505,000-square-foot data center in North Carolina which is supposedly going to host all the technology required for Apple’s various cloud based services.

When these services will finally be public, we don’t know yet. However, stay tuned as we’ll definitely let you know once more news comes in.

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