Fri. Jan 24th, 2020

The Informer

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Apple Music could dethrone Spotify by summer

1 min read

Spotify could be dethroned as the king of streaming music as early as the summer.

Arch-nemesis Apple Music has the Swedish company in its cross-hairs, according to, and could overtake it sooner than most observers thought possible.

Spotify, the world’s most popular streaming music service, last month hit the 70 million subscriber milestone, while Apple has announced it has 36 million.

Still, Apple’s US user base has been growing at a rate of 5 percent a month, while Spotify is growing at 2 percent. Apple’s popular devices have helped add subscribers to its music service, which is preloaded on all its hardware.

The news comes only months from Spotify’s planned initial public offering.