I actually thought the timing could have been good. When it was announced, MySpace was clearly in death-spiral mode but still a lot of bands were using it as t

I actually thought the timing could have been good. When it was announced, MySpace was clearly in death-spiral mode but still a lot of bands were using it as their primary online presence. I thought Ping had at least a shot at being the place they moved to. Obviously it didn't work out that way. My hunch is that Apple's feelings on the project were "lets throw this out there and see if it sticks". It clearly didn't, and now they'll move on. When you're making $1500 in profit a second you can experiment a little.