In the world of streaming music, it’s really down to Apple Music versus Spotify. The latter has won all the matches in metrics so far, but that’s not to say that what Apple has isn’t impressive.

This week at the South By Southwest festival in Austin, Apple’s internet services chief Eddy Cue announced that Apple Music had 38 million subscribers, That number is up 2 million in just about a month. Taking a wider view, Spotify’s subscriber growth rate still outpaces Apple Music’s — the Swedish company saw 10 million subscribers join in the span of about 4 months. Meantime, it has taken 5 months for Apple Music to gain 8 million subscribers.

CNET reports that Cue is looking to a market of about 2 billion customers who can access and pay for streaming rights, a far cry from Apple’s and Spotify’s current combined reach of barely over 100 million. And with Spotify’s 159 million free listeners who also listen to ads, it’s clear that this new concept of radio may have a long ways to go before saturation.

The executive also talked up the company’s announced acquisition of magazine aggregator Texture and played down any thoughts of acquiring Netflix or other media players, saying that Apple’s own $1 billion budget for original content this year is plenty good enough.

You May Also Like
Where to buy the Samsung Galaxy S20

Best Buy has also decided to close all stores and use curbside delivery only

Best Buy stores in the United States have also decided to close their doors for customers, but you will still be able to get your products
OnePlus Bullets Wireless Z

OnePlus CEO Pete Lau confirms LPDDR5 RAM and UFS 3.0 storage for OnePlus 8 series

OnePlus will also employ the Turbo Write and Host Performance Booster technologies to further enhance the memory performance on the OnePlus 8 series.

HONOR Play 9A is official with 5,000mAh battery and MediaTek Helio P35 at its heart

HONOR Play 9A packs a 5,000mAh battery to light up a 6.3-inch HD+ display, but Google services are still absent despite the phone running Android 10.