Likefolio’s Landon Swan walks through their data on Spotify (SPOT). He says it has “won the battle” against Apple Music, even with the latter app preinstalled on Apple (AAPL) devices. He thinks the company still has revenue upside in ad-supported tiers. However, the “high expectations” are “tempering” Likefolio’s outlook for the stock after earnings.
Fast Market
03 Feb 2025
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