Apple again said to be developing a streaming music service to rival Spotify and Pandora

Apple shares surge past $600 for the first time since 2012

Reports dating back more than a year have suggested that Apple (AAPL) is working on a streaming music offering similar to the services provided by Pandora (P) or Spotify, and chatter resurfaced late Thursday. The Wall Street Journal cited multiple unnamed sources in claiming that Apple is currently holding talks with music labels to offer such a service. Earlier reports suggested the service would be tied to iTunes, and the Journal notes that it would be available across Apple’s range of computers and mobile devices, and possibly also on Windows PCs. A recent Nielsen survey found that more adults use Pandora to listen to music than iTunes.

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