In a letter to artists, Apple says it pays a penny per stream, roughly double Spotify, which pays an average of about one-third to half a penny per stream
Double What Spotify Pays Tatiana Cirisano / Billboard : Apple Music Says Per-Stream Royalty Rate Is Double What Spotify Pays Philip Elmer-DeWitt / Philip Elmer‑DeWitt : Apple vs. Spotify: Who can foll...
Spotify reports 108M paying subscribers in Q2, up 31% YoY, revenue of €1.67B, up 31% YoY, and an operating loss of €3M
Spotify Anna Nicolaou / Financial Times : Spotify misses a beat as subscriber numbers disappoint Manish Singh / TechCrunch : Spotify hits 108M paying users and 232M overall, but its average revenue pe...
After Netflix price hikes, Hulu will lower its base, ad-supported subscription plan to $6/mo, down from $8/mo, and hike its Live TV service to $45/mo on Feb. 26
and lowers its own basic on-demand rate Todd Spangler / Variety : Hulu Hikes Price of Live-TV Bundle to $45 Monthly, Drops VOD Plan With Ads to $6 Leticia Miranda / BuzzFeed News : Hulu Drops The Pric...
SuperData: revenue from digital games rose to $110.7B in 2018, up 11% YoY, with mobile making $61.6B; the top free-to-play game was Fortnite, earning $2.4B
2018 Digital Games & Interactive Entertainment Industry Year In Review Shabana Arif / IGN : Fortnite Made the Most Annual Revenue of Any Game in History Last Year Evan Selleck / iPhone Hacks : Fortnit...
Apple says it plans a $350B “direct contribution” to US economy over next five years through repatriating overseas profits, new infrastructure projects, more
does Seattle have room? Anna Hensel / VentureBeat : Relax, Apple's new campus is no Amazon HQ2 Timothy B. Lee / Ars Technica : Apple to pay $38 billion in US taxes on overseas cash Brett Samuels / The...
Apple sold 50.7M iPhones in Q2, down from 51.2M last year, 8.92M iPads, down from 10.2M, 4.19M Macs, up from 4.03M; services revenue grew to $7.04B, 18% YoY
below expectations Shara Tibken / CNET : Apple's iPhone unit sales take a surprising fall Caitlin McGarry / Macworld : Apple in Q2: Sold fewer iPhones than last year, but also made more money Anya Geo...
Snap Inc. files for IPO, aiming to raise $3B; firm had $404M in revenue in 2016, up 500% YoY, on a $514M net loss
Friday, February 3 Peter Cohan / Forbes : 3 Reasons To Punt On Snap's IPO Chris Smith / BGR : Snap sees Apple is a significant competitor ahead its big IPO Alex Hern / The Guardian : Despite Snapchat'...
Apple Reports Second Quarter Results
Plus Jim Cramer's View Kif Leswing / Business Insider : This is one big example of the market conditions that are holding Apple down Benjamin Mayo / 9to5Mac : Following earnings decline, AAPL opens do...
Apple reports quarterly record net income of $18.4B on revenue of $75.9B, forecasts $50B-53B in revenue next quarter, below estimates of $55.5B
But Just Barely Mikey Campbell / AppleInsider : Apple sees growth in China amid currency headwinds, contraction in US and Japan TIME : Slowing iPhone Sales Are a Huge Headache for Apple Dan Frommer / ...