Revised music royalty rules could hurt Apple's Beats Music, iTunes Radio

The U.S. Justice Department is in the process of deciding whether to revise the laws regarding music royalty rates –?changes that could have an effect on Apple’s streaming music offerings Beats Music and iTunes Radio.



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Cowen raises Apple price target to $102, predicts major 'iPhone 6' upgrade cycle

Cowen & Company on Tuesday became the latest Wall Street firm to revise their price target for shares of Apple stock upward, setting a new forecast of $102 ahead of the anticipated blockbuster launch of the company’s next-generation iPhone.



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