The Apple Music business was already at a run rate of $ 3.25 billion in June.
Not exact matches
Looking ahead,
Apple investors should hope the company can kick its
Apple Music efforts into high gear, as services are becoming increasingly important to the company's
business.
Apple's service
business, which includes
businesses like the App Store,
Apple Music,
Apple Pay and
Apple Care, fell short of its ambitious targets for the quarter, despite hitting fresh records in the App Store over the holidays.
Each transformation - from a new computer distribution channel -
Apple Stores to disrupting the
music business with iPod and iTunes in 2001; to the iPhone in 2007; and the App store in 2008 - drove revenues and profits to new heights.
If you're
Apple with a cash hoard exceeding $ 250 billion, you've got to be looking at how really well your services
business (iTunes,
Apple Music, App Store, etc.) is doing, and saying, how do I accelerate this part of my
business even more rapidly?
While his reign so far has been one defined by safe updates to hardware, he's made moves to improve
Apple's
business in healthcare, in
music streaming, and in the cloud.
«I don't understand how
Apple could ruin the record
business in one year on Mac,» said Doug Morris, the head of Universal
Music, according to Appetite for Self - Destruction, a new book about the record industry's ills by Rolling Stone writer Steve Knopper.
By purchasing Texture,
Apple now has a magazine subscription service to accompany its
Apple Music online streaming service as it continues to invest in software subscription offerings to augment its core
business of selling iPhones and Mac computers.
What the console industry doesn't want to have happen though is to be taken by surprise, where customers get ahead of the curve and hand their
business over to other players almost entirely, as happened with the
music industry and the rise of
Apple.
An additional factor could be that while
Apple is credited with helping to save the
music business by offering a one - stop subscription service with iTunes, TV industry executives don't feel they are quite as desperate for
Apple's help.
One: books about how the financial crash happened and why (Making it Happen, The Alchemists, The Unwinding, The Billionaire's Apprentice, After the
Music Stopped) and two: books about the
business and culture of technology (The Everything Store, Smarter Than You Think, as well as Hatching Twitter, by Nick Bilton and Dogfight: How
Apple and Google Went to War and Started a Revolution, by Fred Vogelstein.)
Apple's services
business, which includes
Apple Music, the App Store and iCloud, posted $ 9.1 billion in revenue compared with expectations of $ 8.3 billion.
Apple understood it was in the
music business, not the player
business, and developed a look and function that removed as many barriers as possible to delivering
music.
About the Company:
Apple Inc. is one of the world's largest makers of PCs and peripheral and consumer products, such as the iPod digital
music player, the iPad tablet, the iPhone smartphone, and the
Apple Watch, for sale primarily to the
business, creative, education, government, and consumer markets.
See Packer, supra note 239 («In the mid-aughts, Bezos, having watched
Apple take over the
music - selling
business with iTunes and the iPod, became determined not to let the same thing happen with books.
The drivers of the services
business are the same three usual suspects: the App Store,
Apple Music, and iCloud.
Apple's services
business — which includes
Apple Music, the App Store and the iCloud — grew 18 percent to $ 8.4 billion.
«
Apple doesn't have a streaming
music business so it would be a nice instant get, but the hardware is the profitable
business,» an unnamed source close to the talks told the publication.
It's also a significant one: If
Apple gets its way, TV will undergo a significant change, just like the
music business did when
Apple launched its iTunes store in 2003.
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Apple had earlier tried to enlist the biggies in the
business, such as Sony
Music Entertainment, Warner
Music Group, and Universal
Music Group, though nothing had come out of it then.
If Amazon had wanted to go head - to - head with
Apple a few years ago — a giant who enjoyed monopoly control over both the online
music business and the market for related hardware like the iPod — it might have offered record labels the opportunity to cut a deal that would have guaranteed them higher prices, just as
Apple has done with publishers and the agency - pricing model.
Music conglomerates went out of business when music moved online, and no one seemed to realize (or care) that Apple wasn't making their money selling music — they were making their money selling the hardware that played the m
Music conglomerates went out of
business when
music moved online, and no one seemed to realize (or care) that Apple wasn't making their money selling music — they were making their money selling the hardware that played the m
music moved online, and no one seemed to realize (or care) that
Apple wasn't making their money selling
music — they were making their money selling the hardware that played the m
music — they were making their money selling the hardware that played the
musicmusic.
I was more than a passive consumer in this process:
Apple's mandate that they would sell recorded
music at 99 cents for a single was one of the signposts on the highway that lead to the closing of the
business that employed me for 22 years.
NEW YORK (AdAge.com)-- Traditional publishers — concerned that
Apple's anticipated tablet computer could affect their
business the way the iPod disempowered
music publishers — are discussing possible strategies, including an industry - wide digital storefront where tablet users could buy digital issues or subscriptions without going through iTunes or the App Store.
(This is the same thing
Apple did with the
music business.)
Because
Apple would likely be using e-books the same way it uses iTunes
music — as a breakeven or barely profitable
business to drive more high - margin hardware sales —
Apple should favor the strategy that maximizes hardware sales, while keeping costs low.
Blackberry brings intelligent
business and play equipment to the table, while
apple is catering for the 13 year old boy that loves
music, and fun games with lots of colors, blackberry is straight to the point no bs or stupid apps that you will have no use for.
Posted in
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Business, eReaders, iPad, Kindle,
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Posted in Amazon, Android,
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Lurking in a seemingly not related post about how the iconic
Apple product is slowly becoming less important to
Apple, is a great few lines about the nature of the
music business and, more generally, the content
business at a meta level:
In a statement,
music subscription service Rhapsody called
Apple's new rules «economically untenable» and suggested it would work with other publishers to come up with «an appropriate legal and
business response to this latest development.»
Even if it was the honorable thing to do, and the best
business strategy, it's tantamount to
Apple allowing a Zune
music service on the iPod Touch, so it's respectable that they even let it happen.
Actually, make that problems (plural), as what ails print publishers is different from what's eating
music and video streaming
businesses and what concerns online bookstores — all of whom are upset by
Apple's policy.
With
business models that link online stores to specialised gadgets, companies like
Apple and Amazon are proving that consumers will pay for
music downloads, ebooks and even online newspaper subscriptions if you make it easy and attractive enough.
There was nothing illegal per se about the contracts the publishers had with Amazon or that the publishers were able to set the retail price under those contracts (
Apple was doing
business under an agency model for years before they got into ebooks and continues to for its app and
music sales).
I have the same concern with the
music business, where iTunes exlusive releases are a big deal and another reason to buy your digital
music player from
Apple.
The
music industry, through their inaction and failure to innovate, has basically handed over their entire
business to a hardware manufacturer -
Apple.
He joined
Apple in 2004 to work on the iTunes
Music Store and has since helped launch and expand the iTunes TV
business in North America, Europe, and Australia.
For example,
Apple Computer was able to move into the digital
music player and smartphone
businesses as quickly as it did in the past decade because it had an established core of fans for its Mac computers.
A Tree Falling in the Forest:
Apple's Attempt to Reinvent the Game
Business: Selling the Razors Edition «The iPod is a great platform and the technology is great, but when we consider our leverage on the existing platforms relative to where the music business sits today, I think it is an offer we can refuse
Business: Selling the Razors Edition «The iPod is a great platform and the technology is great, but when we consider our leverage on the existing platforms relative to where the
music business sits today, I think it is an offer we can refuse
business sits today, I think it is an offer we can refuse.»
From cartoonist Hugh MacLeod, a concise explanation of why
Apple CEO Steve Jobs keeps pushing his company deeper into the
music business, and why rock star Bono has joined tech private - equity firm Elevation Partners.
For proof, look no further than the way that
Apple Inc. has revolutionized enormous industries — such as the
music business, the notebook computing space and the entire mobile communications category — with a series of sleek, elegant and well - designed products that are among the most expensive in their... Read More»
The
business model appears to learn from SONY's market losses to
Apple in the
music market; after having dominated this market with the Walkman for a number of years.
«
Apple is growing faster than Spotify and has a different
business model whereby
music does not have to be profitable on a standalone basis,» Tinker wrote and predicted $ 130 per share price for the stock this year.