There's no difference.
Plenty of people with Masters degrees are worthless in the work space. Plenty of people with *just* college degree rise to the top of their fields. And there are even some that only finished high school to go on to do great things. I don't want this thread to go off topic but what a ridiculous statement to make. Education is important and key but getting a Masters degree is certainly not the only way to do that and rise in the ranks.
Eddy Cue specifically, I agree he probably isn't the right person for the job but not because of the piece of paper he has/doesn't have.
I'm just making a point, at my job I'm accustomed to SVP, EVP's, and VP's as having at least a master's degree or doctorate degree in the field of which I work in (pharmaceuticals)... However it is pharmaceuticals after all, so a little more sophisticated than computer engineering.
Music subscription? During air travel when there's no network? On train rides when there's none half of the time? I'd rather much have my offline/on-the-iPhone music work flawlessly when I actually have the precious time to enjoy it.