Apple CEO Tim Cook
Apple is about to unveil its big new
streaming service to the world. The company is expected to launch Apple Music
onstage at its WWDC event on Monday, and it's aiming to capture a huge market
in which it has previously barely made a dent.
Here's a key statistic from that
Journal story: Apple sells up to 85% of music downloads worldwide. That's a
huge number, and it shows that iTunes dominates paid music downloads.
But a problem looms for Apple: Music
downloads are dying. The industry is moving away from paying for music files
and keeping them on your computer or mobile device — instead streaming is
becoming the most popular way for people to consume music.
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