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Apple investors are just as allergic of a music division losing money. Shareholders keep companies efficient.
by Yeul 2y ago
Apple investors are just as allergic of a music division losing money. Shareholders keep companies efficient.
- lotsofpulp 2y agoApple does not need to lose money on anything. They might choose to sell music at 1% profit margin, because they're earning 40% profit margin on iCloud backup and iPhones. I doubt Spotify investors will be happy with 1% profit margins.