Apple had good news for Wall Street yesterday, when CEO Tim Cook announced fourth quarter results, with revenue of $62.9 billion, $10 billion of it from the company’s Services unit, which includes Apple Music, iTunes and Apple Pay. The $62.9 billion figure represents a 20 percent increase over the same period last year, and beat analysts’ expectations (pegged […]
Apple announced today that it closed its $400 million acquisition of music recognition app Shazam, a transaction initiated late last year. Shazam lets users identify songs simply by listening to the music playing around them. In a press release, Apple said it intends to offer its experience ad-free for all users “so everyone can enjoy the […]
Apple Music has topped the 27 million subscriber mark, announcing the benchmark at the Apple Worldwide Developers Conference today at the San Jose Convention Center. That’s a 7 million improvement over December, when the company announced it had achieved 20 million paying subscribers in the two years since the service launched, a 35 percent improvement in the second […]
Competition for control of streaming home entertainment devices has never been stronger, as the urge to cord-cut traditional distribution media continues to gain momentum, and consumers seek to port video and music from the mobile phones and the Internet to TVs and speaker systems. Apple, Roku and Amazon are giving chase, but it’s Google that […]
