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How Scared Are Spotify and Pandora After Apple’s Latest News?

1 | By Strategic Tech Investor Staff

Apple upends any market it steps into,” Michael said during an appearance on CNBC World last night, describing Beats1, Apple Inc.’s (Nasdaq: AAPL) new streaming music service. “This thing is going to be disruptive to the entire music industry.”

Michael also forecast just how much Apple stands to profit from its latest revenue stream and let us know whether he thinks Beats1 is going to be strong enough to take on its chief competitors – Pandora Media Inc. (NYSE: P) and Spotify.

For the rest of Michael’s latest Apple predictions, check out the video below.

 



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