Why Did Apple Buy iCloud.com Domain?

iCloud.com Now Redirects to iCloudiCloudcom

Apple has purchased the domain iCloud for $4.5M from a Swedish cloud company.  It is rumored that Apple is going to start a storage locker service as well as music storage service to store your iTunes music.  I think I understand the interest to protect by starting this service.  However, consumers are using and buying music less now that services like Pandora are taking off.  This is one reason why we think it would be smart for Apple to buy Pandora now.   Will you use a media storage service from Apple (Nasdaq: AAPL)? Here is a poll to express your opinion. 


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