Apple iTunes Radio
Pandora faced some scary times after Apple unveiled the new iPhone 5s and iOS 7, which included a potential competitive service in iTunes Radio; For example, soon after millions began upgrading to iOS 7, Pandora's stock took a dive. But now it seems the more established streaming radio service is shaking the dust off, showing encouraging numbers to investors.
Apple just released iTunes Radio for iTunes 11.1 and iOS 7, and already there are 11 million listeners giving it a chance, according to Apple. Pandora, meanwhile, is already in trouble (despite being better), as its stock dipped down 10 percent at the end of trading today.
iTunes version 11.1 is now available for download, as iOS 7 still on the way to its roll out, which means that if you want to test out the new iTunes Radio, a desktop demo is the way to go for now.
It seems that if Apple can't get there first, it can at least put some pressure on its competition. After announcing iTunes Radio, a Pandora-like streaming radio player that Apple is adding to iTunes, with all major music labels signed on, the Cupertino company has reportedly been reaching out to indie music labels with a better bargain than Pandora offers.