Items tagged with apple music

Verizon is partnering with Apple to offer customers six free months of Apple Music when they sign up for the wireless carrier's Unlimited service tier. The special offer is available to both new and current Unlimited customers. Those who want to take advantage of it just need to register to unlocked full access to Apple Music. While not a ground shaking promotion, it is certainly an interesting one that could bolster the subscriber counts of both the largest wireless carrier in the United States (Verizon) and the first trillion-dollar company (Apple). The special promotion might also be a precursor... Read more...
AAPL is heading towards new highs after Apple posted strong earnings for fiscal Q3 2018. Revenue jumped 17 percent year-over-year to $53.3 billion while earnings per diluted share increased 40 percent to $2.34. The company's net income for the quarter came in at $11.5 billion. During the quarter, Apple shipped 41.3 million iPhones, which was a slight increase over the 41 million it shipped during the same quarter last year. However, it should be noted that iPhone revenue increased a staggering 20 percent year-over-year from $24.8 billion to $29.9 billion. This can be directly attributed to the... Read more...
When it comes to digital music, streaming is king. Just a few years ago, it seemed as though we were all resigned to paying 99 cents per song or $10 for individual albums (thanks to Apple's iTunes push). However, the all-you-can-eat streaming music buffet is hard to ignore. We're now learning that Apple Music has surpassed reigning streaming music champ Spotify in U.S. subscriber numbers, which is a huge achievement for the service that launched nearly three years ago. The latest figures come courtesy of Digital Music News, which says that both Apple Music and Spotify have over 20 million... Read more...
Apple has been aggressively focused on improving its Apple Music service to compete mainly with Spotify, currently the top dog in steaming music. As part of that, it looks like Apple is going to roll out browser-based streaming of songs and playlists, and not short preview clips, but full songs. The ability has been added to the Apple Music tools website with an updated interface that allows users to log in and play songs, albums, and playlists from an embeddable widget. Being able to create widgets for Apple Music is not new in and of itself. This is something that Apple has provided web developers... Read more...
Apple has Spotify in its sights as the company to beat in the streaming music industry. Spotify currently has the most subscribers out there (75 million paying subscribers), but Apple is catching up. Apple CEO Tim Cook confirmed that Apple Music now has 50 million subscribers on the Bloomberg Television program “The David Rubenstein Show: Peer-to-Peer Conversations.” Cook says that the service has over 50 million users between paid members and trial users. That it’s a marked gain in subscribers compared to the 38 million in March and 40 million in April. Apple is gaining about... Read more...
Apple Music and Spotify are in the middle of a battle for paid music subscribers and right now Apple Music is losing. Spotify boasts 70 million paid subscribers to Apple’s 38 million subscribers. Apple Music is growing faster though, and predictions are that Apple could overtake Spotify by the end of 2018. To hold Apple off, Spotify has decided to leverage something Apple can’t -- the free tier of its music service. Spotify currently boasts 90 million free subscribers and that service is essentially a loss leader meant to get users liking the music and then buy a [commercial free] subscription.... Read more...
Apple Music wants to beat Spotify in the streaming music game. Apple's streaming music service has been growing at about 5% per month compared to Spotify's 2% growth per month. At that pace, some in the industry think that Apple could have more subscribers than Spotify by the end of 2018. Spotify currently has around 76 million paid subscribers. Apple's latest Apple Music subscriber count puts the tech giant's service at 40 million users. That is up 2 million since last month when the service reported 38 million subscribers. That gain in such a short time signals that Apple's growth is accelerating.... Read more...
It's been a while since we heard much out of the RIAA after the organization was frequently in the news during its hunt to force anyone who even thought about illegally downloading music to pay damages. At times, the RIAA filed suits against deceased people essentially making it look like the bad guy to many music fans. The RIAA has now released information that looks at revenue statistics from 2017 and the music industry saw some growth last year. According to the statistics, revenue from recorded music in the U.S. increased 16.5% to an estimated retail value of $8.7 billion. Wholesale revenues... Read more...
It appears that Apple Music has gained 2 million subscribers over the past four weeks, representing a 5 percent jump in a relatively short period of time. At the South by Southwest festival in Austin, Texas, Apple's senior vice president of internet Software and Services, Eddy Cue, disclosed the number of subscribers Apple Music now has, pegging the number at 38 million. That is up from 36 million in February, and puts Apple Music in the neighborhood of half as many subscribers as Spotify, which is still the king of the hill in the streaming music space. We don't have updated numbers for Spofity,... Read more...
The top dog in the streaming music business in the United States is Spotify, which boasts more paid subscribers than any of its rivals. However, that could change by the end of the year. Apple Music is on pace to overtake Spotify in paid subscriber numbers in the US by the end of the year, as Apple has been able to generate a higher subscriber rate for its streaming music service than Spotify since launching in June 2015. Citing "people in the record business familiar with figures reported by two service," The Wall Street Journal says Apple's streaming music service is growing at a 5 percent clip... Read more...
Music fans might recognize the name Jimmy lovine, as he was formerly the CEO at Interscope records. He came to be part of Apple after he and rapper Dr. Dre sold the incredibly popular Beats electronics business and the less popular music streaming service to Apple. Dre and lovine were paid out $3 billion by Apple for the company. While lovine has been working at Apple since that buyout in 2014, he never took a title with the company and reports now indicate he is set to leave the company. Sources claim that lovine will leave Apple in August 2018, which is said to coincide with when his Apple shares... Read more...
It's looking more and more likely that the next flagship iPhone will have a price tag that starts at around $1,000. This shouldn't come as a surprise given the rising costs of flagship smartphones, and expensive components (like the OLED display panel) that Apple has to factor in and still enjoy its enviable profit margins. Now, some analysts are suggesting that Apple might go the bundle route to make those who might otherwise be averse to spending $1,000 on a smartphone more receptive. Analysts for Barclays claim that Apple might include a one-year subscription to Apple Music and 200GB of iCloud... Read more...
Silicon Valley and Hollywood are joining forces. Apple just hired Sony Pictures Television presidents Zack Van Amburg and Jamie Erlicht to help create new original programming. Apple’s most recent additions help to confirm that the corporation is taking serious steps to join the entertainment industry. Apple’s Senior Vice President of Internet Software and Services Eddy Cue remarked, “Jamie and Zack are two of the most talented TV executives in the world and have been instrumental in making this the golden age of television. We have exciting plans in store for customers and can’t... Read more...
Apple may have had grand visions of storming the streaming music arena and putting out of business the likes of Spotify and Google Music, but that is not the way things went down. It remained a crowded field, and now with Amazon also having an on-demand service of its own, rumor has it Apple is mulling a price drop to its regular rate and family pricing.An Apple Music subscription currently furn $10 per month for an individual user and $15 per month for a family of five. There is also a discounted student rate that costs $5 per month. The price drop is said to be as much as 20 percent, knocking... Read more...
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