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APPLE, BUSINESS
NEWS
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iCloud announcement is clearly answer to fierce competition for music subscription services. Paying $25 a year is clearly a subscription, Apple said that access to songs will be cut once the user stops paying the service.
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APPLE, HARDWARE
RUMORS
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An inexpensive iPhone is in the works, but Apple will skimp on internal components and provide free cloud services in order to keep the costs down rather than reduce the handset's form factor.
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