Apple Targeting 100 Million Subscribers for Streaming Music Service

Much like the Maps app, it will be Apple's cut at streaming radio, so it will be the best and all of the rest will become "abominations" that "99% don't want". While they were fine- even loved- before Apple decided it wanted to step into the space, now we have to hate them, while rallying around the only one that "got it right". You've been here long enough. You know how things work.

Why does it have to be better? It doesn't. Apple Music simply has to be 'good enough' to compete.

I bet within a month, more people will know what Apple Music is vs. Spotify or Rdio. Most people don't know what those are now. The only one that has made a name for itself, that most people know is Pandora.

(Most people still use real radios to 'stream' music - I bet Apple will change this with marketing)

I fully expect Apple to deliver on these ambitious numbers. I've been saying for some time I'm expecting the likes of Spotify and Rdio to become also-rans in a relatively short space of time. They cannot compete with Apple.

100 Million times $10/month = $1 Billion per month. 3 months at $1 Billion/month = $3 Billion.

If this is going to be embedded in iOS 9, it seems very likely Apple will become King of the streaming space within hours after launch. This is just the Microsoft IE browser (vs. established Netscape) thing again.

And, since there is a 90-day free trial, Apple should be able to tout gigantic numbers of users pretty quickly. The key question will be monetizing free trials to stick around and start paying. The referenced rumor of 800 million iTunes accounts means about 1/8th of all iTunes users will need to not only partake in the free trial but convert to paying subscribers AND/OR that this will significantly draw more people into the iTunes total number of accounts pool.