Apple and Google racing to deliver music services

There has long been talk of a secret project in Cupertino to offer a cloud-based version of iTunes. The system would reportedly allow users to remotely connect with a server and listen to their iTunes libraries without the need for an approved device or PC.

And it seems that Apple is not alone. Google is also believed to be working on a streaming music service of its own, and the rivals are working to get their service to the market first.

But according to Reuters, Apple is preparing to launch its music service, while Google's efforts are said to be stalling.

The launch of a cloud music service could only help Apple. The company currently dominates the downloaded music market and, even if a cloud platform was only marginally successful, at least the company is preserving its presence on the new platforms.