Did Apple Miss Out on the Big Podcast Opportunity?

Apple (NASDAQ: AAPL) practically invented the podcast, but it's barely capitalized on the growing popularity of the format over the last decade. Meanwhile, Spotify (NYSE: SPOT) has quickly grown its audience of podcast listeners, and it could overtake Apple in total podcast listeners in the United States this year, according to estimates from eMarketer.

The boom in podcast listening has Apple exploring opportunities to monetize its still-sizable audience and consumers' appetite for content, but it could be too late.

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Source Fool.com