Why Apple Music Is Unlikely To Move The Needle For Apple

Apple announced its long-awaited streaming music app, Apple Music. The service will compete with streaming music giant Spotify, and Apple is rumored to be targeting 100 million users over the next few years. This is an extremely ambitious goal, considering that Spotify - which was launched in the U.S. nearly four years ago - only has about 20 million paying users (though it also has a free ad-based service, which has an additional 55 million users). The service does look compelling and offers so...