Apple Music subscribers have exceeded 50 million, said Apple CEO Tim Cook in an interview with Bloomberg TV, which also involved Donald Trump and Apple's original content. How soon will Apple Music take over Spotify's competitor? Apple ]
Apple Music subscribers have exceeded 50 million, said Apple CEO Tim Cook in an interview that also involved Donald Trump and the company's driving force in the production of original content.
Apple Music vs. Spotify
In an interview with Bloomberg TV, Apple CEO Tim Cook said Apple Music subscription has reached over 50 million. The figure appears to be a huge increase compared to the 38 million Apple Music subscribers reported in March, but it should be noted that the new number includes users who are on a three month free trial.
Last month, Apple Music paid subscriptions exceeded 40 million subscribers, with 8 million free trial users. This means that the increase in Apple Music members is quite consistent, with approximately 2 million paying subscribers added each month.
However, Apple Music is still in second place in the music flow industry, as Spotify announced that it had 75 million paying subscribers before it became public in April. There are a total of 1
Spotify risks losing its place at the top of the industry. While Spotify paid subscriptions increases to a respectable 2 percent, Apple Music subscriber growth is 5 percent. Despite Spotify beginning in almost a decade, Apple Music is expected to acquire Spotify for paying subscribers by 2019 or 2020.
Tim Cook Talks about Donald Trump and Apple Original Content
Apple Music is not focused on Bloomberg TV- interview, but when it started with Cook who stated that he opposed President Donald Trump's attitude to trade with China. Cook said that cooperation between the United States and China will have a greater positive effect on the economy than the two countries acting alone.
In the interview, Cook also claimed that Apple will make a stronger impact on the creation of original TV shows and movies. However, Apple CEO refused to provide further details.
"We are not ready to give any details about it yet. But it is clearly an area of interest," said Cook. His statement follows last year's report that the company invests $ 1 billion in the creation of Apple's original content. The move is said to signal the company's plan to enter the video streaming industry and go up to similar Netflix and Amazon Prime Video.
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