The public has spoken. Ping is on death row. Execution is scheduled for September 30.
Ping never really caught on as an iTunes feature. It was a badly designed social media platform that didn't integrate with Facebook or Twitter. Plus you couldn't share songs. It was nothing more than a place to see what your friends and connections bought on iTunes. Useless.
This isn't a surprise. Apple CEO Tim Cook wasn't a fan and made it rather clear back in June when he said "I think the customer voted and said this isn’t something I want to put a lot of energy into." And he's right when he says that Apple doesn't need a social network. Let other people take care of that.
Good move, Apple. Be like Google and keep trying new stuff--but also admit when something isn't working. Then kill it.