It has drawn popularity with its extensive music library and its collaborations with popular artists, like Taylor Swift and Drake. Apple Music currently offers monthly subscriptions at $9.99 for individuals and $14.99 for families, allowing up to six people to use the same account. The retail giant also offers Music Unlimited for $9.99 per month, or $7.99 per month for prime members.Īpple launched its music streaming service in 2015. Various companies now offer $9.99 per month plans alongside Rhapsody, like Pandora P, Alphabet’s GOOGL Google Play Music, Jay-Z’s Tidal, and, the most popular of all, Spotify.Ī AMZN has also recently gotten into the game by offering Prime Music free to all prime members. While Rhapsody, the original music streaming service, has been around since 2001, the competition among streaming services has only been heating up in recent years.
And to do that, they use music streaming services. In comparison, the iPhone created $1.8 billion revenue in the same year.īut as of last year, the iPhone generated nearly $136 billion, whereas Apple no longer specifies how much Nanos and Shuffles generate in revenue.Īpple has needed to make the shift away from selling traditional music players because now most people listen to music only on their smartphones. The company’s iconic devices’ sales peaked in 2008 when the devices generated revenue of $9.2 billion. Apple AAPL removed iPod Nanos and iPod Shuffles from its website and online store on Thursday, discontinuing its last two devices that didn’t run the iOS software system.ĭebuted in 2005, the Nano and Shuffle came out as an alternative and less expensive version of Apple’s standard iPod.
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