Cloud computing refers to the on-demand provision of computational resources (data, software) via a computer network.
But only recently Apple’s answer to cloud computing, which is called iCloud, made us all discuss it (again). It’s advertised as free (as long as you buy content from Apple), seamless and automatic. It promises syncing ALL your devices, which is great. “Everywhere” computing can be pretty risky – last month when Amazon had problems with their clouds, some people reported missing emails on . Cloud computing is pushed to be the answer to data overload issues. Simply put — we broke the web. Meanwhile, Apple has been on a mission to replace hardware with software.
In contrast to the warm welcome from analysts, Apple’s stock fell 1.57% in response to the announcements, with traders apparently unimpressed by the series of software updates and iCloud announcements because they were not backed up by a new iPhone release.
