Apple Inc. (NASDAQ:AAPL) is being hunted by the newest arrival in the digital music market, Amazon.com.
Apple Inc. (NASDAQ:AAPL) Facing Amazon Test
The Cupertino-based American multinational corporation, Apple Inc. (NASDAQ:AAPL), is being targeted by Amazon.com inc, as the online retailer attempts to grab a major stake in the digital music streaming market.
Amazon.com entered the market with a bang, offering Lady Gaga’s new hit album, “Born This Way”, to its customers.
Amazon.com is offering the album at a discounted rate of 99 cents (in a one-day sale) followed by a $6.99 everyday price.
Apple Inc. (NASDAQ:AAPL), through its iTunes service, is providing the album at a price of $11.99, or $15.99 with extras.
Apple Inc. (NASDAQ:AAPL) shares are currently standing at 332.19.