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Old 05-08-2014, 11:48 PM   #1
spareparts
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Default Apple buying Beats

http://m.pitchfork.com/news/55117-ap...or-32-billion/

3.2 billion bucks.

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According to a person close to the source, Apple is said to be in talks to purchase Beats Electronics for as much as $3.2 Billion, the New York Times reports. While negotiations have yet to be confirmed, the source claims that the two companies are currently talking and that a deal, if finalized, could be announced as early as next week-- though it is also possible that the deal could fall apart, the source claims.

If a deal between the two monoliths is confirmed, Apple's 3.2 Billion dollar buy-out would be the biggest acquisition in the company's history. Beats, meanwhile, has become one of the music industry's largest purveyors of high-end headphones since it was founded by Dr. Dre and Interscope co-founder Jimmy Iovine in 2008. (Forbes recently estimated the value of Beats at about $2 Billion.) Recently, the Times points out, Beats initiated a music streaming platform that competes directly with Apple's own iTunes streaming service and other streaming services like Spotify.
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Old 05-09-2014, 12:14 AM   #2
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Default Re: Apple buying Beats

Dre couldnt make real beats anymore so he made beats. Smart move.
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Old 05-09-2014, 12:17 AM   #3
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Default Re: Apple buying Beats

I heard Dr Dre used to beat up women
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Old 05-09-2014, 12:40 AM   #4
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Default Re: Apple buying Beats

So now they're buying an overpriced product instead of selling it.
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Old 05-09-2014, 07:40 AM   #5
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Default Re: Apple buying Beats

Detox is never coming out :[
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Old 05-09-2014, 08:36 AM   #6
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Default Re: Apple buying Beats

Wow, I guess they didn't forget about Dre.
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Old 05-09-2014, 09:22 AM   #7
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Default Re: Apple buying Beats

So they are buying a popular product that is overpriced and not that great...

They are buying themselves.
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Old 05-09-2014, 04:20 PM   #8
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Default Re: Apple buying Beats

Quote:
Originally Posted by airjeffdude View Post
So they are buying a popular product that is overpriced and not that great...

They are buying themselves.
That's why I thought it was a good fit.
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Old 05-09-2014, 04:41 PM   #9
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Default Re: Apple buying Beats

Quote:
Originally Posted by airjeffdude View Post
So they are buying a popular product that is overpriced and not that great...

They are buying themselves.
Bummer, beat me to it.
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