Apple fans have one more reason to smile about. After being teased by the company's SVP of Internet Software and Services, Eddy Cue, last June, Apple has made good on its promise to increase the iCloud Music Library limit to 100,000 tracks, increasing the previous library limit of 25,000 tracks threefold, according to Engadget.

During his teaser statement last June, Cue stated that the upgrade will be made available before the end of the year. With the recent announcement, Apple has made good on its promise to deliver a better iCloud Music Library experience to its customers.

The iCloud Music Library is made up of two main services, iTunes Match, an online music locker service that costs $24.99 a year, and Apple Music, a $9.99 per month service which utilizes a "scan and match" feature that utilizes DRM tracks, reports Mashable.

Though Apple's music services have been embraced fully by its loyal fans, the company has so far faced very tough competition from a number of rivals. Google Play Music, for one, already gives users a 50,000 track limit free of charge, while Microsoft's Groove Music already lets users play any track in his/her OneDrive for free.

For the same price as Apple's iTunes Match service, e-commerce giant Amazon offers storage for up to 250,000 tracks.

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