There is some speculation that cloud services could potentially have an effect on local storage technologies, especially Flash.
Market research firm IHS said that Apple's iCloud offer may prompt consumers to reconsider their need for more flash memory and decrease the growth of demand over time.
Apple currently buys about 30 percent of all Flash memory currently produced, about 5.2 billion gigabytes of a total of 18.5 billion gigabytes. By 2015, IHS believes Apple's share will be down to about 23.9 percent.
