Apple purchases iCloud.com domain for $4.5 million?

Apple has purchased the iCloud.com domain name for $4.5 million, according to a new report. Citing an anonymous tipster, GigaOM reports that iCloud.com was until recently used by Sweden-based Xcerion for its cloud-based storage service, which has since been rebranded as CloudMe. The source, who is said to be familiar with the company, said Xcerion sold the iCloud domain to Apple for $4.5 million, although the Whois database still lists Xcerion as the owner of the domain. As noted in the article, Apple is reportedly working on a cloud-based “locker” for content that could be branded as iCloud; it could also be considering the name for its upcoming cloud-based music service.

Update: Citing sources “in position to know,” AllThingsD reports that it has “confirmed” Apple’s purchase of the iCloud.com domain name.