With cloud computing would data entered into applications be saved on the personal computer or in the cloud?

I know the apps are saved in the cloud and downloaded for each use. but any information which is entered in these apps is that saved on the personal computer or is that sent into the cloud as well.





If it is saved on the personal computer could they only access the Information when the application was downloaded again?|||data is stored in the cloud. so on any computer when you download the program you can open all your files from the internet.|||Everything will be in the Cloud including your OS then Microsoft will charge you plenty of bucks a week for life. But when they rule the world I dont know what will happen !!!