yeah, cloud is one of those terms used,overused and abused to a point that it can mean anything. In this context, the "Personal Cloud" means "Public Cloud" like

yeah, cloud is one of those terms used,overused and abused to a point that it can mean anything. In this context, the "Personal Cloud" means "Public Cloud" like functionality(basically data residing somewhere and your method of accessing it is using various client applications) with ownership of that data in your control (The "Personal" aspect).