While a report from Digital Music News claimed that Apple Music surpassed Spotify’s U.S. subscriber count in July. Though in the bigger picture, it’s being reported today by Reuters that music streaming leader Spotify’s paid subscriptions rose 10 percent in the second quarter to stay ahead of Apple Music.
Spotify said on Thursday it had 83 million paid subscriptions at the end of June, slightly ahead of the 82 million expected on average by analysts in a Reuters poll, and more than double Apple’s last-reported 40 million paying users.
In a closely-watched financial release that is only its second since its April stock-market debut in New York, Spotify said it expected a further slight rise to between 85 million and 88 million premium subscribers in the current quarter. For more details, read the full report here.
About Making Comments on our Site: Patently Apple reserves the right to post, dismiss or edit any comments. Those using abusive language or negative behavior will result in being blacklisted on Disqus.