Apple (NASDAQ: AAPL) launched is music streaming service, amping up the competition between other streaming services like Spotify and Pandora. However, there are concerns for the platform and its ability to offer features that make the paid-only streaming service worth the price. For example, Spotify offers a completely free version along with advertisements and limited mobile access, with the intention of eventually convincing the free customers to become paid for an ad free experience, according to Re/code. With this business model, Spotify has generated a whopping 60 million users, with 15 million of them paid, Re/code reported, making it leagues ahead of other streaming services struggling to keep up. For more business and financial news, click here.