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FBN’s Dennis Kneale on industry reports that Apple is working on an Internet radio service similar to Pandora.
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I wanna call mentioned this early here at talk about more and says -- here so apple already commands a significant share of the Smartphone and tablet market.
But could -- be making a move to -- over radio.
-- -- -- Read a story.
Trade you know marry these days when apple sneezes some rivals don't just -- called -- get pneumonia and so -- its shares up -- -- the Internet radio service.
Down almost 218 per cent today 1718%.
On the Wall Street Journal report this morning.
That apple may enter the radio business apple as the -- seeking deals with -- music labels which already have lost of lot of power -- iTunes you know and that's the largest seller music in the world.
Now new apple radio service would send songs on your playlist that.
Any apple gadget you watt.
Google's Android devices are not welcome here thank you prime target pandora and have almost 55 million active users Tracy.
And a recent survey said that more adults say they listening music on pandora.
Then those who say they're listening music -- apple I took.
Elaine yeah and a record companies like ambivalent about this how come we know what apple came in with a record companies are saying after the -- -- -- and apple set up iTunes apple controlled pricing apple got huge control of the entire music industry.
And if your music label on your really -- do this -- Internet radio also and already reports -- that apple TV which were hoping for by the fall.
But before year end has been pushed back in the following year -- -- having a hard time negotiating with Hollywood studios that are loath to let apple do them.
What apple did the music business so they're gonna get some resistance there -- has been music business has yet to recover from that -- -- thank you.
