While plenty of analysts and writers (including myself) have been
assuming that it was a “when, not if” sort of situation, the buzz around
Apple (Nasdaq:AAPL) launching a streaming music/internet radio service to compete with Pandora (NYSE:P)
has gotten quite a bit louder. This service would not be a huge
contributor to Apple all on its own, but it would offer the company yet
another way to monetize its large user base and further establish its
presence in services and mobile advertising. To that end, anything that
develops those potentially lucrative lines is a net positive for the
stock.
Please read more here:
http://www.investopedia.com/stock-analysis/060413/apple-hopes-iradio-keeps-users-tuned-aapl-p-sne-amzn-goog.aspx
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