It's doubtful that Apple will just ignore this move. Spotify is only letting users purchase audiobooks from a web browser. This circumvents Apple's hefty take rate for purchases made from within an iOS app. Speaking of audiobook downloads, we can't forget about Apple. But it will still be interesting to see how Amazon responds. Spotify's audiobooks are purchased individually, so this may attract different sets of users. This in coordination with a bug in a client (gRPC) library caused the Spotify outage that affected many of our users: if you were logged out of a Spotify app, you were unable to log back in. However, it also creates new competitive challenges against top technology companies, including Amazon and Apple.įor Amazon, it offers an audiobook subscription service, and its Audible platform dominates the market. On March 8, Google Cloud Traffic Director experienced an outage. Therefore, this does provide the company with a new growth opportunity. Naval Observatory website Latitude: 32☂156' N, Longitude: 64☄146' W. NOTE: From 2007 DST will begin on the second Sunday in March and end the first Sunday in November. Management is excited because the audiobook industry is growing 20% annually. Bermuda Weather Service Bermuda Sun & Moon Times July 2022 All times are local and have been adjusted for Daylight Saving Time (DST). Looking ahead to how it can gain and retain new users, Spotify launched audiobooks in the U.S. All of this said, it seems like Spotify stock was down in September mostly because the market had a rough month.
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