Spotify founder says sales may top $889 mln in 2012

Discussion in 'Apple, Inc and Tech Industry' started by EbookReader, Apr 13, 2012.

  1. macrumors 65816

    Joined:
    Apr 3, 2012
    #1
    http://www.reuters.com/article/2012/04/13/spotify-revenues-idUSL6E8FD0FE20120413


    Check out its growth (from 1 mil to 3 mil in about 10-11 months)

    January, 2010:------------ 250,000 paid subscribers
    March 17, 2010:----------- 320,000
    July 20, 2010: ---------------- 500,000
    December 8, 2010: ------ 750,000
    March 8, 2011:--------------- 1,000,000
    July 14, 2011: -----------------1,600,000
    Sept 21, 2011: ---------------- 2,000,000
    Nov 23, 2011: ------------------2,500,000
    Jan 26, 2012: -------------------3,000,000


    When do you expect Itunes to come out with a Spotify-like service?
     
  2. macrumors G3

    roadbloc

    Joined:
    Aug 24, 2009
    Location:
    UK
    #2
    That is impressive, but they have worked hard for it. Spotify is a great service I have subscribed to every now and then when my music collection is out of action. I'm sure I'll subscribe again in the future somepoint.
     
  3. thread starter macrumors 65816

    Joined:
    Apr 3, 2012
    #3
    They still got some markets to expand to



    Expand to Germany last month (3rd biggest in the world)

    Japan (2nd biggest...but this one will be very HARD to get license)

    South Korea is a good market to expand into.


    Spotify is seeking VC funding that value it at $4 billion USD.
     
  4. thread starter macrumors 65816

    Joined:
    Apr 3, 2012
    #4
    Itunes to launch a Spotify-like service before the end of this year.

    How likely? (in term of %)

    I would say 80%
     

Share This Page