Saturday, September 08, 2012

Pandora Shares Plummet on Reports of Apple Radio Service - John Paczkowski - News - AllThingsD

Product or cloud platform feature?...
"Shares of Pandora plummeted more than 19 percent in early morning trading Friday, falling to $10.15. And that precipitous decline more than erased the 15 percent gain the company’s stock had managed to win over the past three months. Clearly, investors are terrified at Pandora’s prospects in the face of a formidable competitor like Apple — a company whose mobile devices are responsible for a lot of Pandora usage."
Pandora Shares Plummet on Reports of Apple Radio Service - John Paczkowski - News - AllThingsD
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