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Tim Cook Reveals Apple Music Has 6.5 Million Paying Subscribers

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Tim Cook Reveals Apple Music Has 6.5 Million Paying Subscribers

Following the expiration of the inaugural 3-month loose trial on the finish of September, Apple Music has definite roughly 6.5 million customers to stick with the carrier as paying subscribers and lately has 8.5 million extra consumers on 3-month trials, said Apple CEO Tim Cook on the Wall Street Journal’s WSJ.W Live convention remaining night time in Laguna Beach, California.

“The runway here's actually just right,” Cook stated. By comparability, the best subscription song carrier Spotify recently has greater than 20 million paying consumers.

“It’s going in reality smartly,” Cook stated. “We at the moment are over 6.5 million paid customers and 8.3 million other folks within the trial. Over 15 million individuals are the use of Apple Music.”

The determine means that the corporate misplaced tens of millions of customers while the trial ended on the finish of September. Following its June release, the $9.99 per thirty days carrier accrued 11 million trial participants a month after release. The determine jumped to 15 million participants in August, suggesting that almost 60 % of the ones customers agreed to pay for the carrier after the trial duration ended.

The Apple CEO has publicly confirmed on the convention that pre-gross sales for the brand new Apple TV will move are living subsequent Monday, October 26, with first shipments arriving towards the top of subsequent week.

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