Microsoft Is Bailing on Music Streaming
Microsoft (NASDAQ: MSFT) has never been a particularly prominent player in the music business. Sure, it had the Zune for about six years, but hardly anyone would consider that product a success; it was discontinued in 2012. In fact, you'd be forgiven if you weren't even aware that Microsoft has operated a music-streaming service for several years.
The software giant launched Xbox Music around the same time that it discontinued the Zune, and the service was rebranded as Groove Music two years ago in an effort to separate it from the Xbox brand and bring the service to Windows 10. Microsoft has now announced that it will be shuttering Groove.
Image source: Microsoft.
Source: Fool.com
Apple Inc. Stock
Currently there is a rather positive sentiment for Apple Inc. with 106 Buy predictions and 8 Sell predictions.
With a target price of 208 € there is a slightly positive potential of 2.79% for Apple Inc. compared to the current price of 202.35 €.