iTunes Hits New Milestones, Will Help Leverage Growth of Beats' 250,000 Subscriber Base
Speaking at today's Re/code Code Conference, Apple's SVP of internet services Eddy Cue and Beats co-founder Jimmy Iovine shared some new numbers on iTunes and Beats Music in the wake of today's acquisition.
Apple internet chief Eddy Cue (left) and Beats co-founder Jimmy Iovine (right)
Cue mentioned that the iTunes Store and iTunes Radio hit new milestones, with the former selling its 35 billionth song and the latter now including over 40 million listeners around the world.
Speaking on the newly formed relationship between Apple and Beats, Cue noted that Apple's great rapport with artists, data on listening habits, and 800 million iTunes accounts with credit cards attached contributes a great deal. "We think all of those things, when you put them all together, it's on steroids with us together," he expressed.
Meanwhile, Iovine announced that Beats Music, currently limited to the U.S., now has 250,000 subscribers since it launched three months ago. A report earlier this month pegged the service's subscriber base at just 110,000 during the month of March, illustrating how the service has grown since then. By contrast, rival music streaming service Spotify reported earlier this month that it has 10 million paying subscribers worldwide.
Iovine added that Beats made a mistake by not offering in-app purchases from the start, and stated that 5 million people have "visited" the service since it launched. After today's announcement, the Beats Music iOS app was updated with an extended 14-day trial period and a price drop to its yearly subscription to $100 from $120.
Popular Stories
An iPhone 17 announcement is a dead cert for September 2025 – Apple has already sent out invites for an "Awe dropping" event on Tuesday, September 9 at the Apple Park campus in Cupertino, California. The timing follows Apple's trend of introducing new iPhone models annually in the fall.
At the event, Apple is expected to unveil its new-generation iPhone 17, an all-new ultra-thin iPhone 17...
Apple is expected to unveil the iPhone 17 series on Tuesday, September 9, and last-minute rumors about the devices continue to surface.
The latest info comes from a leaker known as Majin Bu, who has shared alleged images of Apple's Clear Case for the iPhone 17 Pro and Pro Max, or at least replicas.
Image Credit: @MajinBuOfficial
The images show three alleged changes compared to Apple's iP...
Apple and Samsung have reportedly issued cease-and-desist notices to Xiaomi in India for an ad campaign that directly compares the rivals' devices to Xiaomi's products. The two companies have threatened the Chinese vendor with legal action, calling the ads "disparaging."
Ads have appeared in local print media and on social media that take pot shots at the competitors' premium offerings. One...
Apple will launch its new iPhone 17 series this month, and the iPhone 17 Pro models are expected to get a new design for the rear casing and the camera area. But more significant changes to the lineup are not expected until next year, when the iPhone 18 models arrive.
If you're thinking of trading in your iPhone for this year's latest, consider the following features rumored to be coming to...
Apple is preparing to release iOS 18.7 for compatible iPhone models, according to evidence of the update in the MacRumors visitor logs.
We expect iOS 18.7 to be released in September, alongside iOS 26. The update will likely include fixes for security vulnerabilities, but little else.
iOS 18.7 will be one of the final updates ever released for the iPhone XS, iPhone XS Max, and iPhone XR,...