Tuesday, 20 October 2015

Apple Music has 6.5 million paying subscribers in Three Months of Launch, says CEO Tim Cook

In just over three months of its launch, Apple Music claims to have 6.5 million paying subscribers on board. And about 8.5 million potential users are opting for the free three-month trial of the music streaming service, which was launched by the tech giant on June 30, 2015. The service, which features playlists curated by leading DJs and musicians, also has a live round-the-clock radio station. When it launched, the service was in direct competition with as Spotify, the leader in the music streaming space with 20 million paying subscribers.

During interactions with members of the press at the Wall Street Journal technology conference, Apple CEO Tim Cook said that Music’s strong point was that the playlists were curated by humans, and the service carried the ability to recommend new tunes on a per-user basis.

Besides Apple Music, Cook also spoke extensively on other hot topics such as the future of autonomous cars, the much-awaited launch of Apple TV, and data privacy concerns. Cook, however, could not be made to divulge much about sales of the Apple Watch and the company’s rumored plans of launching an entire range of next-generation hardware. He also stepped around specific questions pertaining to the Apple Car, but did say that the auto industry was at an “inflection point” and would go through a change that was not merely of an evolutionary nature.

Anticipation around the launch of the upgraded version of Apple TV is building up rapidly, and Cook confirmed during the interview that Apple will start accepting orders for the updated version starting Monday, October 26. Last month, the company unveiled an updated version of the Apple TV video streaming box, which now brings features such as an app store to its consumers. A touch-enabled remote control is yet another distinguishing feature of the updated version of the Apple TV.

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