.net Did Apple Spend $1.5 Million Dollars to Acquire iCloud.net?

[News]

There is a story out tonight in AppleInsider.com, that “earlier this week, a tipster told AppleInsider that Apple paid some $1.5 million for the domain, but we were unable to confirm the transaction.”

“Why Apple decided to purchase iCloud.net after nearly six years is unclear. TechCrunch speculates the move might be related to Apple’s rumored video and image sharing app. The product, which is supposedly set for launch later this year, is akin to established sharing services Snapchat and Instagram in that it will allow users to record video, apply filters and send the resulting content to contacts or upload it to existing networks like Facebook or Twitter...

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