New iTunes In The Cloud Rumors Surface

There's little doubt  iTunes in the cloud is on the way.  But when and with what capabilities remain unknowns.  Yesterday, however. A usually knowledgeable Boy Genius Report quoted an anonymous source who shared some of what we can expect from Apple:

1. Streaming music & movies from Apple’s servers to your computers and devices.
2. Streaming music & movies from your home computer to your other computers and  various remote devices.
3. Wireless iTunes syncing with devices.

Wireless synching with other devices, it true, eliminates the major reason that tens of millions iTunes users might shift their music to Google, who announced their own music and media in the cloud service recently.