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Apple Inc. Message Board

  • daveparker0808 daveparker0808 Dec 26, 2013 11:03 AM Flag

    Look Out Pandora (P): Spotify Frees Its Mobile App.. - 2014 Short Play of the Year

    According to the Wallstreet Cheat Sheet Pandora's 3rd qrt results showed that its listoner base fell from Sept. to Nov. as Spotify made its mobile app. free and Apple and others are starting to offer similar free services to compete with Pandora's Pay-To-Play/Listen model. With Pandora being no where near profitabiltiy and trading at an outrageous premium of 10 times book with huge negative earnings. The only for sure, it is the future for Pandora will not be getting easier.

    Sentiment: Strong Sell

112.12+2.62(+2.39%)Oct 9 4:00 PMEDT