Pandora (P) now -16.9% in response to the WSJ's report (I, II) on Apple's (AAPL) Internet radio...

|About: Pandora Media (P)|By:, SA News Editor

Pandora (P) now -16.9% in response to the WSJ's report (I, II) on Apple's (AAPL) Internet radio ambitions. Pandora has thus far been successful in weathering challenges from Clear Channel, Spotify, and others, in part because of the time invested by its users in building custom stations. But a service that comes pre-installed on iOS devices, features tight iTunes integration, and is backed by Apple's brand and marketing machine would present a different kind of competition.