Even with double the subscribers, Spotify says Apple will always have an edge owning the app store

By Matthew Lynley Spotify just filed for a direct listing in the U.S., sidestepping the traditional IPO process, and now we’re starting to see some of the true financial guts of the company — and some of the significant risks it faces from challenging services from Apple and Google. Apple, for example, charges apps a percentage of revenue for subscriptions processed through the App Store. Apple… Read More

Source:: Mobilecrunch