“Apple’s efforts to break into the streaming music business have attracted considerable attention from fans, investors, analysts and even a few lawyers in Washington, D.C.,” Aaron Pressman writes for Yahoo Finance. “But while Apple obviously shouldn’t get tangled up in another antitrust lawsuit, the company’s aggressive negotiations and strategies are actually positive signs of a market leader still fighting for more growth.”
“The latest controversy emanates from the company’s talks with record labels, which started out last year, seeking lower prices for consumers only to end up more recently allegedly looking for ways to limit or eliminate free, ad-supported services from Spotify and other streaming competitors,” Pressman writes. “But the attention from regulators — as well as the difficult negotiations themselves — point to a larger truth about Apple that should reassure fans and investors alike. Despite the death of Steve Jobs and the embarrassing (and likely expensive) loss in the 2012 ebook price fixing lawsuit, Apple is still striving to push the boundaries of competition and innovation.”
Read more in the full article here.
MacDailyNews Take: The e-book fiasco is being appealed. The only entities who should be embarrassed about that are the U.S. DOJ and Federal Puppet Denise Cote.
We don’t need proof of Apple’s continued quest to innovate. We have it on our wrists.
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