RUMOR: Apple iTunes in the cloud definitely coming soon; Streaming music, movies; Wireless syncing

“One of our reliable Apple sources has just filled us in on some of the company’s iTunes plans, and they’re exciting,” The Boy Genius reports. “We have been told iTunes will be getting a huge cloud capability that many people have been asking for (and logically thought would happen sooner or later).”

These new capabilities are broken down into three groups:
• Streaming music and movies from Apple’s servers to your computers, devices, etc.
• Streaming music and movies from your home computers to your other computers, remote devices, etc.
• Wireless iTunes syncing with devices

Read more in the full article here.