Google may be close to developing iTunes competitor

OK this is probably only speculations but it could make sense after Google Video that Google move to the music market.

“Analyst Robert Peck speculated that it makes sense for Google to create a rival for the popular iTunes service by Apple Computer …  "We would expect Google to rollout a Beta service within 3 to 6 months. We note that Google has not confirmed our expectations, and that our thinking is based on Mosaic theory," said Peck. "However, we do think this fits with Google's recent moves and its ultimate goal of organizing the world's information."
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