Report: Apple Is Exploring Creating a Pandora Clone   Published
September 07, 2012  | FOXBusiness  Tech behemoth Apple (AAPL) is
reportedly in talks to license music for an online custom radio
service, a development that could threaten the livelihood of the
leader in this space, Pandora Media (P).  According to The Wall
Street Journal, the Apple service would work on its iPhone, iPad
and Mac computers and potentially on computers running
Microsoft’s (MSFT) Windows operating system, but not on devices
powered by Google’s (GOOG) Android operating system.  Still,
Apple seems to be positioned to throw its weight around in the
music licensing arena, especially given its previous success in
reaching deals with record labels that paved the way for iTunes.
Just the fact that Apple, which is flush with cash, is
reportedly in talks on licensing music spooked Pandora
shareholders, sending the newly-public company’s stock plunging
almost 20%.  In addition to the potential challenge from Apple,
Pandora has also facec com