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I thought it was obvious that the low prices and low profits are temporary to form habits and build a strong committed user base until they feel confident to raise subscription prices. They don't have profit they have potential profit, economically its the same.

Even just comparing music services the situations aren't close to being the same. Spotify's profits are dampened by the free tier that is much larger than their paid members. Apple does not have a free tier, so the profits are not offset by carrying the server weight / expenses of a free tier. For Spotify, profit is already spent to maintain the sheer size of their service. For Apple, that is not the case.

So not only is Apple actually able to make a profit due to the lack of a free tier, they also don't even have to make a profit at all (but they are), because their business isn't dependent upon making a profit from Apple Music. Whereas Spotify's business model is completely dependent on their music service. So comparing just music services, the financial situations aren't the same, and comparing companies, they are in no where near the same position.

This is why it's necessary for Spotify to become less dependent on paid subscribers. Hardware sales will increase assets, and appetite for investors. Ultimately this move is a good move for them.
 
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If they are, it'll be a snooze. Spotify isn't a hardware company, so it'll be one of two things. Either totally uninspiring and lacking in every way, or designed by someone else with their name slapped on it. Either way, it'll be boring and won't be much in the way of competition for anyone else in the market.
Your point, so a bathroom tissue selling company cannot redefine an industry. Oh, like Amazon did. Today, engineering quality changing product development Not exclusive to technology companies anymore.
 
HomePod rival or not, are they still gonna keep paying artists -- the people who actually make the music -- fractions of peanuts?
 
I don’t understand the current craze for voice assistant speakers. It’s so much easier to just choose a song on your phone and press play. I never don’t have my phone on me.

Some people bond together in pairs and share a household. I know, that's crazy right?

Sometimes those bonds result in miniature versions of those people who also live in the same household. I think they call that a family.

Sometimes those families or those pairs might have other families or pairs over and have something called a party or family gathering.

So, the one that is most like you can play anything he wants for himself, but the rest of the crowd then is somewhat left out... or huddled around relatively terrible-sounding mobile phone speakers trying to share the joy of your equivalent's music selection.

Or they can buy one of these kinds of things to be enjoyed by upwards of many at the same time, even if your equivalent takes his MOBILE phone out of the home with him.

Why such people will pair, potentially make miniature versions of themselves and/or seek out other individuals or pairs to visit them in one of these parties is still a topic begging for investigation. But in those odd situations, apparently a speaker big enough to please more than one set of ears is a better fit for more than one set of ears. And in those other situations where one dares to take his mobile device out of the home when he is mobile, there is still some less mobile tech left behind that can play the music collection for the others.
 
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