Video: Piper Jaffray See's Apple Music as Filling a Hole in Apple's Music Strategy that will help them Sell more iPhones
CNBC's "Fast Track" segment had Gene Munster of Piper Jaffray on last this afternoon to briefly talk about the potential bump to Apple profits if Apple Music is a success. In the short term, Munster stated that "the real punchline here is that Apple needed to fill the music hole and this will help Apple sell more iPhones in the future." The bear on the panel took a few swings at Apple saying that they were at least three years late to the music streaming party and that their smartwatch is a dud.
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