A report by RBC Capital Markets projects that as much as 76 percent of iPhone users could sign up for Apple’s new iCloud service, which could lead to a user base of as many as 150 million users.

Cloud computing has been gathering momentum for some time, but when the iCloud was introduced by Apple Chief Executive Steve Jobs at the company’s Worldwide Developers Conference last month, it gained much broader recognition. The iCloud service will allow users to store, access and synch their iTunes content in Apple’s data warehouses.

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