Apple (AAPL - Free Report) is leaving no stone unturned to boost its music service offerings. Per musically, the company has acquired music analytics startup, Asaii, for less than $100 million, to bolster its position in this market.
Co-founded in 2016 by Kuriakose Sony Theakanath, Austin Chen and Chris Zhang, Asaii is an “automated machine learning A&R and music management platform.” Prior to this deal, Apple completed the acquisition of UK-based Shazam Entertainment.
Apple Inc. Revenue (TTM)
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
Apple (AAPL - Free Report) is leaving no stone unturned to boost its music service offerings. Per musically, the company has acquired music analytics startup, Asaii, for less than $100 million, to bolster its position in this market.
Co-founded in 2016 by Kuriakose Sony Theakanath, Austin Chen and Chris Zhang, Asaii is an “automated machine learning A&R and music management platform.” Prior to this deal, Apple completed the acquisition of UK-based Shazam Entertainment.
Apple Inc. Revenue (TTM)
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
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