♪ ♪ emily: the quest for the perfect playlist includes spotify, itunes radio, beats, rdio, i heart radioazon music, tidal. how do you think about your competition? tim: anybody who has a radio product. broadcast radio is the biggest competitor. itunes radio, when it came out, direct competitor. when we think about our future, it is about, how do we remain the best playlist-building business around? i think so far the numbers bear it out. we keep growing in spite of this competition. emily: sirius xm, a competitor. tim: with apple, a smart company. never think you know what they are doing. emily: beats music will be relaunched this summer. maybe a new name. how worried are you? tim: we have not lacked competition for a long time. i keep learning year after year, building a great business is -- playlist is fantastically hard to do. we find, over time, more and more confidence in the differentiation we have. emily: did you ever meet steve jobs? did you talk to him about the future of music? tim: we said two words to each other. we had the great honor to be on stage at cupertino when they wa