In Apple’s never-ending quest to dominate the world, their latest product development comes in the form of streaming web radio. As Pandora’s stock continues to grow, despite a uncertain outlook, it appears Apple is planning on using their music industry expertise to compete with the more established Internet radio service. While two prior iTunes spinoffs have proven less than successful in Ping and more recently Match, this might be the next step for Apple’s development into content-based services. Of course, Apple would have the upper hand, making their application automatically installed on their millions of devices already in the hands of users. And, they also have millions of user’s musical tastes at their finger tips. It looks like the service will also be ad-based, like its potential competitor moving forward.
We will have to see how things play out, though, as we all know the big dogs are more than capable of dropping the ball when it comes to execution. It doesn’t appear like we will be seeing a materialization of the service in the immediate future, as Apple has a few things to take care of in the meantime. Like, you know, the iPhone 5 and the accompanying operating system. Let us know what you think about the service, and if you could ever see yourself using it. [via]
