I don't get it, why so much excitement over a cloud service? Lion or iOS 5 I understand, but a cloud service?
iCloud might be a step away from that.
We don't know yet what the cloud service is, but Apple has been building out some impressive amounts of data center resources, so it's likely to be an interesting service, whatever it is.
The BBC doesn't mention Apple specifically, but does have an article asking: Is cloud computing ready for primetime?