NEW YORK ( TheStreet) -- Earlier this week other sources took credit for breaking the news that Apple (AAPL - Get Report) will most definitely release a radio product. That's funny because, as recently as this past December, I reported that it's not a matter of if, but when iRadio hits the streets.(I guess I need to label my stories with a BREAKING NEWS tag and scream, shout and let it all out from the rooftops.)
Pandora earned legitimacy (it feels as absurd to write that as it sounds given the company's more-than-legitimate decade-plus history) on its last earnings report where it, once and for all, squashed all hope for a traditional radio rebirth and established itself as a mobile advertising powerhouse alongside companies such as Google ( GOOG - Get Report ) and Facebook (FB - Get Report). Pandora will crash again. When Apple officially announces a radio product, Pandora will drop. And then, a few months, maybe a year down the line, Wall Street will come late to reality. Investors will discover that Apple -- whether it has success with radio or not -- had no material impact whatsoever on Pandora's business.
That's because Pandora is a focused company and, if it starts dabbling in areas it has no business or reason to dabble in, Tim Cook will prove Apple is not.