iCloud
Apple will be launching iCloud at their WWDC event on Monday. Music seems to be the primary focus of the rumours, providing a service where all your music will be accessible from any device, rather than stored locally. That will go some way to eliminating the capacity limitations of many phones/pads etc, as I currently have 113.94 GB of music just on my 'essentials only' laptop. 4000+ albums on the Death Star.
Talk has also expanded to including Movies/TV Shows in the service, as well as the obvious opportunity for a Dropbox-style service (hopefully better than the existing iDisk), and even a Spotify-style music subscription.
As usual, the consent of the labels/studios seem to be the hold up.
Picture nabbed from Apple Insider
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1st Jun 2011 - Tumblr