Four years after it was announced, not as high quality as the competitors, no sign of Atmos. You can see why they couldn't justify charging more for it.
> smartphone can't play it without resampling, and Bluetooth without reencoding
Straight from the article that you could've read:
"For the smoothest and best listening experience, we recommend streaming lossless music on Wi-Fi using wired headphones or speakers on a non-Bluetooth connection, like Spotify Connect. Currently, Bluetooth doesn’t provide enough bandwidth to transmit lossless audio, so the signal has to be compressed before being sent."
I think there is value in having only one lossy encoding step on the way to my ears. And with all of the 4k video being streamed these days, lossless music bit rates are rather pedestrian, so I'm just not that concerned about the resources argument