Rob Reid: Apple Working On A Streaming Solution For The Entire iTunes Library [video]

It was rumored that Apple will come up with a cloud-based iTunes, especially after they acquired music streaming service Lala in December last year for $80 million. In the vid above, according to Rob Reid – the man behind Rhapsody – the service will cost betwen 10 and 15 dollars per month and it will allow us to stream music ( i.e entire iTunes library ) without actually storing all the music on our iDevices.

[via iPhoneClub.nl]