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Why Would Apple Be Stingy Here?

It seems like a lot of trouble to save a little bit of money, especially when Apple has money to spare.

By Evan Niu, CFA – Mar 8, 2013 at 7:00PM EST

Recent reports suggest that Apple (AAPL 0.19%) is being stingy with trying to ink music-streaming deals. The company has reportedly only offered $0.06 per 100 songs streamed, which is just half of the $0.12 per 100 songs streamed that Pandora Media (P +0.00%) pays.

In the video below, Fool.com's Alison Southwick and contributor Evan Niu discuss why it seems like a lot of trouble for Apple to nickel and dime record labels.

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About the Author

Evan Niu, CFA
Evan is a Senior Technology Analyst at The Motley Fool. He was previously a Senior Trading Specialist at Charles Schwab, and worked briefly at Tesla. Evan graduated from the University of Texas at Austin, and is a CFA charterholder.
XMFNewCow1
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Apple Stock Quote
Apple
NASDAQ: AAPL
$260.28
(-0.21%)-$0.55

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