Accessibility Menu
 
Arrow-Thin-Down
S&P 500
7,200.75
-0.4%
-29.37
Arrow-Thin-Down
DJI
48,941.90
-1.1%
-557.37
Arrow-Thin-Down
NASDAQ
25,067.80
-0.2%
-46.64
Arrow-Thin-Down
Bitcoin
$80,314.00
+1.4%
+$1,130.80
Arrow-Thin-Down
AAPL
$276.80
-1.2%
-$3.35
Arrow-Thin-Down
AMZN
$271.92
+1.4%
+$3.66
Arrow-Thin-Down
GOOG
$380.01
-0.8%
-$3.21
Arrow-Thin-Down
META
$610.48
+0.3%
+$1.74
Arrow-Thin-Down
MSFT
$413.38
-0.3%
-$1.06
Arrow-Thin-Down
NVDA
$198.52
+0.0%
+$0.07
Arrow-Thin-Down
TSLA
$392.45
+0.4%
+$1.63
Most Active StocksDaily Stock GainersDaily Stock Losers

Apple Wants to Be Pandora When It Grows Up

Digital music has gone from downloads to streaming.

By Rick Munarriz – Jul 23, 2013 at 9:00PM EST

Now we know why Apple (AAPL 1.19%) is taking on Pandora (P +0.00%) with iTunes Radio.

Nielsen Soundscan and Nielsen BDS came out with music consumption trends for the first half of 2013, and it's not very flattering for the traditional iTunes model. Streaming usage is up 24% at a time when individual track downloads fell 2%.

In this video, Fool contributor Rick Munarriz explains why Apple and even Sirius XM Radio (SIRI +0.00%) have shifted from emphasizing download revenue to keying on streaming as an incremental revenue source.

 

Read Next

About the Author

Rick Munarriz
Rick Munarriz is a contributing Motley Fool stock analyst and long-time contributor to the company’s free offerings and premium investing services, including Rule Breakers and Supernova. He has analyzed stocks across media and entertainment, retail and restaurants, and emerging technologies for The Motley Fool for 30 years. Rick holds an MBA from the University of Miami, once traveled the country with his band Paris By Air, and on weekends he can be seen on stage at Just The Funny theater in Miami as an improv comedy performer and co-owner. He is a regular guest on CNBC, Fox Business, BBC, and NPR for his expert stock analysis. He lives with his family in Miami and Celebration, Florida.
TMFBreakerRick
X@market

Stocks Mentioned

Apple Stock Quote
Apple
NASDAQ: AAPL
$276.80
(-1.19%)-$3.35

*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.

Premium Investing Services

Invest better with The Motley Fool. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services.

View Premium Services