Music Streaming: Spotify (Huge); Then Apple And Amazon -- January 22, 2020

Moments ago I posted a note about Apple (AAPL). Immediately after posting that note, this popped up, at multiple sites. This one from Reuters:

• Amazon Music crosses 55-million subscribers globally, trails Apple Music;
• but edges close to Apple Music 
• far behind Swedish rival Spotify
• world's largest music streaming service
• Apple: 60 million subscribers, per Apple, June, 2019; 
• Amazon Music Unlimited: $9.99/month for those without a Prime subscription
• Apple: $9.99/month
• Spotify: 140 million users on its free tier
• elsewhere, Spotify, 248 million users globally; 113 million of them paying;

This is what wrote Barrons/Bhansale wrote in the link above about Apple and Spotify:

For its pivot to services, iPhone sales matter. And in the bulk of the services, they are competing against well-endowed companies—Spotify on music and Netflix, Amazon.com, and Disney on content. They neither have content nor a first-mover advantage. The fact that they are spending $6 billion to build a content library to keep [their] consumer tells me how difficult the core business is. Think about [Apple] as a blue chip of yesterday, as opposed to a blue chip of tomorrow—the worst kind of investment because all the good news is priced into the stock, while the bad news is not.

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