One of the most anticipated new services coming from Apple, the iCloud, will be provided for free initially, according to sources who spoke to LA Times.

iTunes Music Store users will have a period of free use in the beginning but it will later charge a $25 annual subscription fee.

The service initially will be offered for a free period to people who buy music from Apple's iTunes digital download store, and The company plans to eventually charge a subscription fee, about $25 ayear, for the service, according to report on LA Times.

The company may also sell advertisement to be served on iCloud, and users will be able to stream their music to any computer with a Web browser or an iOS device.

On Tuesday, Apple uncharacteristically revealed the name iCloud asits upcoming cloud services offering, and said several executives,including Steve Jobs, would speak about the service during the opening keynote at Apple's Worldwide Developers Conference (WWDC).

Apple paid Xcerion $4.5 million for the iCloud.com domain in April.

Steve jobs ITunes Apple Steve jobs