Apple Music

Issuing a note on Apple Inc. (NASDAQ: AAPL)'s services update, Credit Suisse derived five key conclusions. The firm also dwelled on options before Apple if it were to pursue inorganic growth and zeroed in on Netflix, Inc. (NASDAQ: NFLX) as the most likely option. Apple's services business includes...

A new report from Statista suggests the music streaming business is now too big to fail. This assertion was made after the world’s largest music streaming service Spotify, secured a new multi-year licensing deal with the world’s largest record label, Comcast Corporation (NASDAQ: CMCSA)...

Apple Inc.’s (NASDAQ: AAPL) Services arm contributed 11.6 percent of total revenue in 2016 and almost 18 percent of profits. By 2022, the Services business could account for 20 percent of total revenue and 30 percent of profits, Loup Ventures’ Gene Munster said in a report. Apple...

Sprint Corp (NYSE: S) may have edged out Apple Inc. (NASDAQ: AAPL) in forging a partnership with Tidal, a subscription-based music streaming service owned by Jay Z. With Tidal beyond its reach, Apple may now be forced to settle for Pandora Media Inc (NYSE: P) for beefing up its Apple Music service...

"People get confused," the late Steve Jobs once said. "Companies get confused. When they start getting bigger, they want to replicate their initial success. And a lot of them think, 'Well, somehow, there’s some magic in the process of how that success was created.' So...

Apple Inc. (NASDAQ: AAPL)'s Apple Music said it officially has more than 20 million paying subscribers, just three months after it crossed 17 million subscribers and just 17 months after its launch, according to a report on Music Business Worldwide. Rival Spotify surpassed 40 million subscribers in...

Pandora Media Inc (NYSE: P) has rolled out is new Artist Marketing Platform (AMP), which features a number of marketing tools that artists can use to promote their music. Streaming music services have gotten a lot of criticism lately for how little they pay artists for their music. Taylor Swift...

While Pandora Media Inc’s (NYSE: P) 2020 revenue target appears “difficult to achieve,” the company’s on-demand product seems to be “five years too late,” Bank of America’s Nat Schindler said in a report. He downgraded the rating on Pandora from Neutral...

The future of Apple is an unpredictable one. The tech company has fallen off 14 percent from its year-to-date high of $112.10 and now sits around $96.50. On Friday’s PreMarket Prep, Wedbush Securities’ Ian Winer gave his bullish and bearish cases for Apple Inc. (NASDAQ: AAPL). ‘...

Macquarie’s Amy Yong believes Apple Inc. (NASDAQ: AAPL)'s interest in Tidal Music could motivate a strategic buyer to look at Pandora Media Inc (NYSE: P) as a potential target. Yong maintained an Outperform rating on Apple, with a price target of $112. The analyst also maintained an...

For the first time ever, U.S. consumers are listening to streaming music services more than they are streaming video, according to a report by BuzzAngle. The report stated that streaming music services like Apple Inc. (NASDAQ: AAPL)'s Apple Music and Spotify delivered 114 billion streams from the...

The Wall Street Journal reported that Apple Inc. (NASDAQ: AAPL) is engaged in talks to acquire Jay Z's streaming music platform, Tidal. The report was also confirmed by Recode, which took a deep dive into a potential acquisition and what it would mean for the entire streaming music space. Related...

Spotify, the popular streaming music platform, boasts 100 million subscribers, nearly twice as many paid subscribers as Apple Inc. (NASDAQ: AAPL) can claim for its Apple Music platform. Apple is in dire need of playing catch-up, which might explain why the company is looking to acquire Tidal, a...

Spotify is accusing Apple Inc. (NASDAQ: AAPL) of anti-competitive behavior after rejecting the latest update to Spotify's iOS app, according to a recent MacRumors piece. In a letter sent by Spotify's general counsel to Apple's top lawyer, the former stated that the latter is causing "grave harm to...

Elizabeth Warren's name has been thrown around as a potential running mate to Hillary Clinton. However, Warren's name made the headlines on Thursday for a different reason as she attacked Apple Inc. (NASDAQ: AAPL), Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) and Amazon.com, Inc. (NASDAQ: AMZN) for...