Streaming boosts music biz's profits, Tinder swipes right on Spotify and an iPhone 7 teardownThe music business is finally seeing revenue growth thanks to streaming services; Tinder partners with Spotify; and a teardown of the iPhone 7 reveals its estimated manufacturing cost.
This is CNet, and here are the stories that matter right now. According to a report obtained by Bloomberg, the U.S. music industry has seen an 8.1% sales growth in the first half of 2016 compared to last year. Services like Spotify and Apple Music are driving this trend. Which would mean the second straight year the industry has improved. That said, the RIAA still contests that streaming services aren't making enough money enough money off users that choose an ad supported free service. Speaking of Spotify, the company has just partnered with Tinder to give the dating sites ability to show off their top artists. To see if they have common music interests with potential dates. In addition, users can attach a single anthem to their profile, a single song that perhaps better explains the type of person they are. FInally, a teardown of the iPhone 7 reveals Apple's manufacturing costs According to IHS market the iPhone 7 costs Apple about $225 dollars to make which it then sells for $650. The price tag is noticeably more expensive than the iPhone 6S, about 18% more. For the sake of comparison, Samsung's Note 7 is estimated to cost the company about $265 per device. [MUSIC] Stay up to date with the latest by downloading the CNET tech today app in the Apple app store.