Counterpoint: Apple Music Hits 68 Million Paid Subscribers [The Motley Fool]
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Source: The Motley Fool
It's been nearly a year sinceApple(NASDAQ:AAPL60 million subscribersSpotifyNYSE:SPOTRecent estimates from Counterpoint Research peg Apple Music's subscriber base at the end of 09 at around 68 million.Image source: Apple.Global paid subscriptions top 0 millionLast week, the market researcher released estimates on how the global music-streaming market grew last year. Total subscriptions jumped % to 8 million. Spotify remains the leader in terms of both revenue share and paid subscription share, with Apple trailing by a notable margin.BrandPaid Subscription Market Share (09)%9%Amazon Music%Tencent Music%Alphabet6%Others%Data source:Translating those market shares into absolute numbers for companies that don't disclose metrics directly, Apple Music finished the year with approximately 68 million paid subscribers, while Amazon had around .7 million. The e-commerce juggernaut said in January that Amazon Music had million customersWhen including free users, Tencent Music (which operates the
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