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If You Invested $1000 In Apple When It Made Its Biggest Acquisition 9 Years Ago, Here's How Much You'd Have Now
Monday, May 29, 2023 - 8:25am | 658Apple, Inc. (NASDAQ:AAPL) is not known as a company that lays heavy emphasis on inorganic growth or growing through mergers and acquisitions. That said the company has had its fair share of M&A transactions that have helped the company improve its product and services. Cupertino is said to have...
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And The Beat Goes On... Apple Music To Become Company's Sole Music Platform
Friday, November 13, 2015 - 10:43am | 349Apple Inc. (NASDAQ: AAPL) has decided to terminate Beats Music on November 30. Apple acquired Beats and offered a music streaming platform, which was recently expanded to Android users. Apple Music will be the company's only streaming music service. Apple's $3 billion...
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Apple Music Streams Doubled in First Half Of 2015; JP Morgan Sees Positive Impact For Stock
Monday, July 6, 2015 - 9:20am | 334In a report published Monday, JP Morgan analyst Rod Hall stated that Americans streamed 135 billion audio tracks and music videos over the Internet during the first half of 2015. Citing data from Nielsen, Hall noted that the 135 billion audio tracks and music streams represents a more than...
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Apple Music May Be The Best Streaming Service, But There's A Learning Curve
Tuesday, June 30, 2015 - 3:08pm | 370Re/code's Walt Mossberg recently published his review on Apple Inc. (NASDAQ: AAPL)'s music streaming service, Apple Music, titled, "Apple Music First Look: Rich, Robust — But Confusing." Mossberg was on CNBC Tuesday to discuss his experience using the service for the first time and...
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Apple Recalls 233,000 Beats Speakers, Cites Fire Hazard
Wednesday, June 3, 2015 - 11:28am | 266Apple Inc. (NASDAQ: AAPL) voluntarily recalled about 233,000 Beats Pill XL portable, wireless speakers on Wednesday, saying they pose a risk of catching on fire. The Cupertino, California hardware maker has received eight reports of the speakers overheating. Apple traded recently at $130.75,...
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How Will Apple's Streaming Music Service Compare?
Tuesday, June 2, 2015 - 8:22am | 562Music streaming is growing increasingly more popular as more and more people turn to the Internet for entertainment services. With industry leaders like Spotify AG already boasting 12.5 million loyal users and new entrants like Jay-Z's Tidal making small waves among artists, many wonder just...
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Apple Might Be Creating A Social Network Within Its Streaming Service
Thursday, May 14, 2015 - 9:37am | 309Apple Inc. (NASDAQ: AAPL) upcoming Beats streaming music service will have "deep social networking integration for artists," 9to5Mac reports. The solution will be similar to Ping, a discontinued iTunes feature. The social service will allow iTunes users to comment on and like artist...
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Rumor: Apple Hurts Tidal To Help Beats Music Launch
Monday, April 27, 2015 - 10:47am | 261Apple Inc. (NASDAQ: AAPL) may be sabotaging the streaming music service Tidal in order to nip competition ahead of the relaunch in June of Apple's Beat Music, according to a recent report. The New York Post's Page Six, typically reserved for celebrity gossip news, quoted an unnamed...
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Weekly Highlights: BlackBerry Buyout Hype, Apple's New Beats Strategy And More
Sunday, November 23, 2014 - 4:02pm | 192BlackBerry Ltd (NASDAQ: BBRY) shares rose mysteriously on Friday, presumably on renewed anticipation of a possible buyout. Contrary to reports that Apple Inc. (NASDAQ: AAPL) will close Beats Music, the iPhone maker might have a plan to save the ailing service. Analysts responded to Europe...
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Apple Might Push Beats Music To All iPhone Users, But Will It Be Free?
Thursday, November 20, 2014 - 12:57pm | 590Apple Inc. (NASDAQ: AAPL) might not retire Beats Music after all. The Cupertino, California-based tech giant was expected to close the service and possibly integrate the technology into its own line of music products -- iTunes and iTunes Radio. According to the Financial Times, Apple now...
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Markets End Hectic Week On Positive Note
Friday, October 24, 2014 - 5:16pm | 1129U.S. markets rose on Friday, ending a four-week slide for the major indices despite ongoing Ebola-related scares. Investors found enough positives in earnings reports from Dow listed Microsoft and Procter & Gamble to justify a triple-point gain in the Dow. The S&P 500 posted its best week...
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Weekly Highlights: Apple Inc.'s Bendable iPhone, BlackBerry Ltd's New Direction And More
Saturday, September 27, 2014 - 10:48am | 177Apple Inc. (NASDAQ: AAPL) continued to drive headlines this week even without new product announcements or iDevice rumors. First Apple got the media's attention when reports claimed that the company was on the verge of closing Beats Music. Then the company made headlines once more when it was...
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Why Would Apple Inc. Close Beats Music? Experts Weigh In
Wednesday, September 24, 2014 - 10:38am | 738Apple Inc. (NASDAQ: AAPL) is rumored to have closed Beats Music, the streaming music portion of Beats Electronics. The company has since denied this claim, but additional reports claim the Beats Music brand will be eliminated. "The [Apple] brand is incredibly strong, so I was...
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Streaming Music And Royalties: Who Pays The Most?
Thursday, August 7, 2014 - 10:33am | 1113How much can labels really make from streaming music? Pandora: Up To $0.00137 Per Play In June 2013, Cracker vocalist David Lowery claimed that he was paid $16.89 for a song that was played more than 1.15 million times on Pandora (NYSE: P). Pandora co-founder Tim Westergren responded to...
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Big Growth Is Not Making Big Profit For Spotify
Friday, May 23, 2014 - 2:33pm | 835Earlier this week, Spotify reported that the music streaming site had reached 10 million paying subscribers. The Swedish company also shared, in addition to the 10 million paying subscribers, Spotify has more than 40 million active users across 56 markets. Although the company isn't publicly...