iCloud Will Launch Oct 12th, iTunes Match Later This Month

Coinciding with the release date of iOS 5, Apple will also be launching their iCloud cloud storage service on October 12th, 2011. The Cupertino-based company has also confirmed, at the “let’s talk iPhone” media event, that iTunes Match will be launching later this month—at the “end of October”—in the United States. iTunes Match will cost $24.99 per year.