Spotify Technology - SPOT - Stock Price & News | The Motley Fool
https://www.fool.com/quote/nyse/spot/
is pretty impressive, has blazed its own path worldwide despite major competition from the likes of Apple, YouTube, and others.
With the stock up 222% since the start of 2023, is now a good time to go for it?
Earnings and financials are backing up as revenues go up as well as “gross profits”.
What’s your thoughts on
Hot take: is way better
I know the Apple fanboys rave about it, but I don’t get it. Spotify has better discoverability, better selection, and the app is more user friendly
I love as a user, iffy as an investor.
Subscription heavy businesses like Spotify and worry me long term because, imo, there’s only so much they can do. Once they hit max subscriptions/market saturation it’s either raise prices or make changes like ads that consumers traditionally don’t like. It’s great for a while, but I feel like it’s a losing game long term
spotify is def the most famous, but how do they compare to apple music