The Wall Street Journalreports Spotify is finally ready to release video content for both the iOS and Android platforms. The Journal says the Android app will see the light of day first, later this week, with the iOS app due to hit devices next week.
The information in the details view isn’t exactly user friendly, but the list itself can be handy. You can use it to see if a particular app seems to crash a lot, which could help track down. I just downloaded and installed the lastest version of Spotify (1.0.42.151.g19de0aa6) and i can't get the client to start properly. It crashes immediately on startup. In offline mode the client works fine. I've read several posts here about the issue and tried following alot of the sugge.
WSJ:
Spotify had originally announced the plans to begin distributing videos and podcasts in May, with a lineup of traditional and digital content providers that included ESPN, Comedy Central, the BBC, Vice Media and Maker Studios.
The streaming content provider has been testing video content delivery with a small amount of users in the U.S., the U.K, Germany, and Sweden, over the last few months. The content has mostly consisted of short clips, although some content providers are said to be developing original, music-themed series especially for the Spotify service.
Reports indicated content providers were not happy with Spotify’s delayed release and extensive testing of the app, however, a Spotify executive says the launch timing was all part of the plan.
“We are at the end of a journey of testing,” Shiva Rajaraman, Spotify’s VP of product told WSJ. “We are going out effectively as planned. Our goal was largely to get a wide breadth of content and experiment and test.”
Rajaraman says Spotify has learned a lot from its testing, noting that that presenting contextually relevant videos—based on the kind of music people listen to or Web videos that are simply tied to music—spur people to watch clips.
The company also learned they were offering too many ways for users to find video, so they have compartmentalized their content and creative programming packages.
Spotify has a user base that is 75 million strong globally, with 20 million subscribers. Most of those users use it to listen to music, and often in the background while performing other tasks. Rajaraman admitted that getting users to watch video on Spotify may require some consumer training.
“Obviously our primary user is a music fan, and they are not necessarily leaning in and looking into the app,” he said. “So there are no particular recipes for how to get this right.”
Spotify Crashes Mac 2016 Pro
Spotify is relying on its content partners – including ABC, Condé Nast Entertainment, Turner’s Adult Swim, TBS and Fusion – to create custom content for the service. While the service is paying its partners for the content, it isn’t viewing the service as a moneymaking opportunity, at least not at first. Spotify will not be including advertising in the app, but will use the content to increase the time users spend with the app. However, Chief Executive Daniel Ek did say last year that video ads would eventually be “an important revenue source.”
Services Revenue Grows 24% to All-Time Quarterly Record of $6.3 Billion
Cupertino, California — Apple today announced financial results for its fiscal 2016 fourth quarter ended September 24, 2016. The Company posted quarterly revenue of $46.9 billion and quarterly net income of $9 billion, or $1.67 per diluted share. These results compare to revenue of $51.5 billion and net income of $11.1 billion, or $1.96 per diluted share, in the year-ago quarter. Gross margin was 38 percent compared to 39.9 percent in the year-ago quarter. International sales accounted for 62 percent of the quarter’s revenue.
“Our strong September quarter results cap a very successful fiscal 2016 for Apple,” said Tim Cook, Apple’s CEO. “We’re thrilled with the customer response to iPhone 7, iPhone 7 Plus and Apple Watch Series 2, as well as the incredible momentum of our Services business, where revenue grew 24 percent to set another all-time record.”
Spotify Crashes Mac 2016 Version
“We are pleased to have generated $16.1 billion in operating cash flow, a new record for the September quarter,” said Luca Maestri, Apple’s CFO. “We also returned $9.3 billion to investors through dividends and share repurchases during the quarter and have now completed over $186 billion of our capital return program.”
Apple is providing the following guidance for its fiscal 2017 first quarter:
revenue between $76 billion and $78 billion
gross margin between 38 percent and 38.5 percent
operating expenses between $6.9 billion and $7 billion
other income/(expense) of $400 million
tax rate of 26 percent
Apple’s board of directors has declared a cash dividend of $0.57 per share of the Company’s common stock. The dividend is payable on November 10, 2016 to shareholders of record as of the close of business on November 7, 2016.
Apple will provide live streaming of its Q4 2016 financial results conference call beginning at 2:00 p.m. PDT on October 25, 2016 at www.apple.com/investor/earnings-call/. This webcast will also be available for replay for approximately two weeks thereafter.
Consolidated Financial Statements
Data Summary
Macbook Pro 2016
This press release contains’s estimated revenue, gross margin, operating expenses, other income/(expense), and tax rate. These statements involve risks and uncertainties, and actual results may differ. Risks and uncertainties include without limitation the effect of competitive and economic factors, and the Company’s reaction to those factors, on consumer and business buying decisions with respect to the Company’s products; continued competitive pressures in the marketplace; the ability of the Company to deliver to the marketplace and stimulate customer demand for new programs, products, and technological innovations on a timely basis; the effect that product introductions and transitions, changes in product pricing or mix, and/or increases in component costs could have on the Company’s gross margin; the inventory risk associated with the Company’s need to order or commit to order product components in advance of customer orders; the continued availability on acceptable terms, or at all, of certain components and services essential to the Company’s business currently obtained by the Company from sole or limited sources; the effect that the Company’s dependency on manufacturing and logistics services provided by third parties may have on the quality, quantity or cost of products manufactured or services rendered; risks associated with the Company’s international operations; the Company’s reliance on third-party intellectual property and digital content; the potential impact of a finding that the Company has infringed on the intellectual property rights of others; the Company’s dependency on the performance of distributors, carriers and other resellers of the Company’s products; the effect that product and service quality problems could have on the Company’s sales and operating profits; the continued service and availability of key executives and employees; war, terrorism, public health issues, natural disasters, and other circumstances that could disrupt supply, delivery, or demand of products; and unfavorable results of legal proceedings. More information on potential factors that could affect the Company’s financial results is included from time to time in the “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” sections of the Company’s public reports filed with the SEC, including the Company’s Form 10-K for the fiscal year ended September 26, 2015, its Form 10-Q for the fiscal quarter ended December 26, 2015, its Form 10-Q for the fiscal quarter ended March 26, 2016, its Form 10-Q for the fiscal quarter ended June 25, 2016, and its Form 10-K for the fiscal year ended September 24, 2016 to be filed with the SEC. The Company assumes no obligation to update any forward-looking statements or information, which speak as of their respective dates.
Apple revolutionized personal technology with the introduction of the Macintosh in 1984. Today, Apple leads the world in innovation with iPhone, iPad, Mac, Apple Watch and Apple TV. Apple’s four software platforms — iOS, macOS, watchOS and tvOS — provide seamless experiences across all Apple devices and empower people with breakthrough services including the App Store, Apple Music, Apple Pay and iCloud. Apple’s more than 100,000 employees are dedicated to making the best products on earth, and to leaving the world better than we found it.
