Cloud-based iTunes & Wireless Sync Coming Soon?

Reports today point to Apple finally preparing to launch a cloud-based iTunes service which will include wireless syncing for all iDevices.

BGR is reporting that an Apple source claims that iTunes will be getting cloud capability that will allow iTunes to stream music and movies from Apple’s servers to your Mac, PC or iDevice.

The service is also reported to stream content from your home PC or Mac to other computers or iDevices and also will include wireless iTunes syncing.

The wireless sync claim indicates that any Apple device with a WiFi connection (no mention of 3G) will be able to stream purchased content. This is similar to how Apple’s MobileMe service works today through syncing Mail, Calendars, Notes, and Contacts. We have also seem similar strides in the new iBooks app.

The Apple source further claims that the iTunes cloud service will debut this September 2010 when Apple hosts their annual iPod event. Rumors also point to two new devices with cameras, such as an iPod touch with camera capabilities.