Apple may have lost its battle in the music industry against their competitors. Apple is facing heavy losses each month due to the losing interest of the people. It seems that people have stopped looking towards them. According to the latest news, Apple may be shutting down their services on Apple iTunes in couple of years from now. They have observed that people have stopped considering their services. Music renting is anyways a n expensive deal when you may on demand music downloads service providers available.

After the failure of Apple iWatch, Apple iPhone 6 series, Apple iPhone SE now is iTunes. Apple has lost again in favor of their competitors. Apple is planning to shut down their services in phases. The will shutting down their services in the first phase for the tier 1 country followed by Tier 2 and then Tier 3 and further in the end.

The move of Apple has been confirmed by th3 decline of the company’s streaming services and also falling monthly paid subscriptions. The competition in the market is intense and they are falling apart from them. Apple’s business has already gone down by 16 percent this year and analysts says that it will be going down further by 30% next year too. It is indeed a heavy loss for the company. Apple is still much hopeful about making business. Apple says that they will be making at least a business of 650 million by the year 2019. They have already registered 13 million users for iTunes which was 11 million earlier. Apple music could be facing a shortfall in their paid subscriptions however year on year there are new registrants being added to the course. It things turn around for the company they may hopefully decline their plan on shutting down the plans too.