Apple Reveals More iCloud Details

August 8th, 2011 · 14 notes · #MobileMe #Apple #iCloud #iTunes #Match #iOS #Mac #OS #X #Lion #iPhone #iPad #Mac

Apple has been releasing more information to developers about iCloud, it’s upcoming service that will store email, calendars, documents, and media in Apple’s cloud and sync it across users’ Apple devices. The Cupertino-based computing company plans to open iCloud to the public in the Fall. 

Developers have exclusively learned through their paid accounts that Apple will be providing former subscribers of MobileMe, Apple’s older and current version of iCloud, an extra 20GB of free space in their cloud. The free space will last until June 30, 2012 unless iCloud users choose to subscribe to the service and pay for the additional storage. 

The news comes as a friendly gesture from Apple, whose stock fell more than 20 points Monday morning amid the S&P downgrading crisis. Analysts have suggested buying AAPL, along with other technology stocks, as recent economic activity does not reflect the performance of the technology sector. “Apple could buy Bank of America,” CNBC reporters said.

iCloud is currently in beta and only available to registered developers of Apple’s program. However, Apple has announced the service will launch in the Fall along with iOS 5, Apple’s new operating system for iPhones and iPads. News outlets are also reporting an iPhone 5 release during the same time period, suggesting that Apple wants to get the three products out in time for the holiday season.