We are reader supported. External links may earn us a commission.

General OS News

Spotify gains 30% paid subscribers in one year, falls short of expectations

By Anton D. Nagy July 31, 2019, 6:00 pm

Music streaming giant Spotify today reported a better-than-expected second quarter, with revenues rising to 1.50 billion euros ($1.67 billion). 90 percent of this revenue comes from its paid subscribers, which now account for 108 million users, up 30 percent from the year before, but still .5 million less than what analysts have predicted.

However, when it comes to monthly active users, Spotify managed to exceed expectations. Instead of the 227.7 million users predicted, Spotify now has 232 million monthly active users, which combines paid subscribers with those using the free/ad-supported version of the service.

POCKETNOW VIDEO OF THE DAY

Third quarter predictions mention anywhere between 240 million and 245 million monthly active users, but analysts predicted that the number would be reached at this particular point, at the end of Q2.

Search

Latest Articles

iOS

Here's how the Apple iPod changed the world in 21 years

iPod was an industry-changing device at its time, and it had a massive impact on modern smartphones, and the way we listen to music. We take a last look at the now-discontinued Apple iPod and the history it leaves behind.

By Roland Udvarlaki May 11, 2022, 10:00 am
iOS

How to use Mic Modes in VOIP and FaceTime Calls

This guide will go over the steps you need to follow to activate one of the available Mic Mode settings on Apple Devices to begin using the feature and improve your calling experience.

By Aryan Suren May 10, 2022, 10:00 am
Phones

This iPhone 14 feature might urge users to upgrade

Until now, it appeared that iPhone 14 would only be a minor upgrade over the iPhone 13 series. However, a new leak suggests that the iPhone 14 will come with one feature that might urge users to upgrade.

By Sanuj Bhatia May 9, 2022, 5:00 am