Typically, Apple is the go-to company for introducing revolutionary ideas that change the way society operates. From the iPhone, iPod and Apple TV, the world
For the latest Apple Stock News, AAPL closed at $116.02 on Wednesday, January 4, 2017 with a -0.11% loss, or -$0.13 from its previous close of $116.15 per share.
Apple launched its flagship music sharing service as little as three months ago, and with is offered every user a three-month trial period. Tim Cook’s promotional strategy has seemed to have paid off as the service now boats an impressive 15 million user base, out which 6.5 million are paying customer.
Apple has been using aggressive tactics to force rivals Spotify and YouTube to abandon their free streaming services, which has attracted interest from the Department of Justice, according to the Verge. Apple is attempting to get major music labels to force streaming services to force these streaming services to abandon their free tiers, as Apple prepares to release their own streaming service. An announcement of this service, which will be powered through the Beats by Dre acquisition and will remain under the iTunes name, could be announced as early as next month.