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What Does The iPad Mean For Music? Apple To Launch Music Cloud In July…

CNET: No Cloud Music for iPad’s launch:
For anyone hoping that a cloud-based music service will launch with the iPad this Saturday, disappointment is lurking…Music industry sources told CNET this week Apple has informed label managers that a streaming music service is unlikely to be ready before the third quarter.

It will be a disappointment for iTunes fans who have been speculating as to when Apple might use music site Lala—which Apple acquired in December—for its streaming expertise to launch a cloud-based music service….Apple executives spoke to the major record labels about enabling people to store their music on the company’s servers and access their songs with Web-enabled devices. At that point, music-industry insiders speculated that Apple’s new service might debut early this year.

Besides a later-than-hoped-for start to Apple’s streaming, all of this also means that music—which has typically played an important role in most of Apple’s culture-changing devices—will be bumped to the sidelines with the iPad.

Apple Insider – Apple’s iTunes Streaming Music Service Could Arrive in July:
With its recent acquisition of streaming music service Lala, Apple is working toward launching its own streaming iTunes solution to debut as soon as the third quarter of 2010.

CNet’s Greg Sandoval reported Wednesday that Apple plans to unveil its streaming music service later this year. That news will come as a disappointment to any who may have held out hope that the company would launch a service close to the debut of the iPad, set to go on sale this Saturday.

TFTS – Apple Streaming Music Service Coming This July?:
Rumor has it that the cloud-based music service is coming at some point in July. Of course we all know that by that time Apple will already have its iPhone 4G in stores ready for some new apps like a streaming music service.

Apple purchased Lala, a music site which Cupertino was supposed to turn into a music streaming service. While some expected the company to announce the new cloud-based service early this year, that hasn’t happened yet and we’re already in April.