It is expected that Apple will announce today a new service called iCloud. The service is expected to allow consumers to store music online while transferring the data to their home PCs without connecting.

Apple has signed cloud-music licensing agreements with several music label recently that would allow consumers to stream music online while also downloading songs on iTunes.

The announcement is expected at 1pm set today at the annual Worldwide Developers Conference in San Francisco.

Both Google and Amazon have launched similar services recently.