Speaking on a Pandora conference call, Pandora CFO Mike Herring said:
Apple has a unique advantage of being on hundreds of millions of phones and having 800 million credit cards or whatever they do and stuff. But if they didn’t have that, they would have to – and they spend a lot of their real estate on this phone trying to drive people to music. You can’t even get it off – it’s like a permanent thing on there and still no one subscribes.
And:
I mean Steve Jobs eviscerated the music industry with the launch of iTunes and it’s been downhill ever since. And the download was supposed to save it, that didn’t happen.
You can read a transcript of the call here [Free REG-WALL].
Several days later, Mike posted this tweet:
Offering sincere apologies for my recent careless and inappropriate comments about Apple and Steve Jobs.
One could argue that Pandora would not exist if it were not for Steve Jobs and iTunes. At least he walked it back.