Some Bad News For Pandora

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		Home Tech Finance Markets Politics Strategy Entertainment Advertising Retail Sports Life Friday, June 7, 2013 Some Bad News For Pandora Apple is reportedly going to announce a new streaming radio service, which has been nicknamed "iRadio" by the press, on Monday at WWDC, its big developer event. According to GroupM's Next's Consumer Insights group, it shouldn't take much for iRadio to gain listeners. GroupM Next survey 1,000 Internet radio users to gauge interest in a streaming service from Apple. Of those surveyed, 49% said they would be interested in Apple's radio service based on brand name alone. Further, 34% said they would switch based on the Apple brand alone. Among heavy Internet radio users, the interest is even stronger. GroupM Next says, "For consumers who spend at least 20% of their radio listening time digitally, 70% said they would be interested in Apple radio, and 49% said they would switch from their current favorite product." If Apple can produce a solid radio product, then it should be able to take share from Pandora. Read » Also On SAI Today: A Lot Of People Are Freaking Out Because They Think Microsoft's New Xbox Is Going To Spy On Them Snapchat Reportedly Close To Raising $100 Million At A $500 Million Valuation Advertisement CHART OF THE DAY: Apple's New Trade-In Program Should Fix This Problem CHART OF THE DAY: Smartphone Sales Are On The Verge Of Overtaking Feature Phone Sales CHART OF THE DAY: The Rise Of The Mobile Internet Share this: Facebook Twitter Digg Reddit StumbleUpon LinkedIn The email address for your subscription is: dwyld.kwu.jobhuntportal11@blogger.com Change Your Email Address | Unsubscribe | Subscribe | Subscribe to the SAI RSS Feed Business Insider. 257 Park Avenue South, New York, NY 10010 Terms of Service | Privacy Policy

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