“Gigaom” (http://macte.ch/iGIGY) says when (if?) Apple launches its much-rumored “cloud” music service it may be dubbed iCloud because Jobs & Company is rumored to be a likely buyer of the domain iCloud.com.

Until recently, iCloud.com was a domain name and a storage-as-a-cloud service owned by Linkoping, Sweden-based desktop-as-a-service company, Xcerion. Xcerion’s iCloud service has just been rebranded to CloudMe, and the company acquired the CloudMe.com domain on April 5, 2011, says Om Malik of “Gigaom.”

“My source, who is familiar with the company, says that Xcerion has sold the domain to Apple for about $4.5 million,” he says.