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Better Buy: Spotify vs. Apple


Demand for digital subscription services, such as music listening, news, video, and even gaming, has been increasing in recent years, and Spotify Technology (NYSE: SPOT) and Apple (NASDAQ: AAPL) are two of the leading brands that consumers are turning to for their digital fix.

Spotify is the audio leader, with 124 million paying subscribers. That is twice the subscriber base of Apple Music, which last reported 60 million subscribers in June 2019. Spotify is also growing a lot faster than Apple overall. But does Spotify's lead translate to a better investment? Let's find out.

Image source: Getty Images.

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Source Fool.com

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