Apple Plans on Buying 'Beats'

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Technology giant Apple is in talks to buy headphone maker and music-streaming service provider Beats Electronics, according to various media reports.

By looking at the reports it says that Apple could pay as much as $3.2bn (1.9bn) and a deal could be announced next week.

If the Forbes estimates are correct, Dr. Dre needs about 450 million more dollars to become hip-hops first billionaire equal to a 15% stake in a $3 billion company. Neither Beats nor Apple


However, Apple boss Tim Cook said last month Apple was 'on the prowl' for more acquisitions, after buying 24 companies in the past 18 months and he was not averse to large acquisitions.
The potential $3.2 billion deal would mark Apples largest acquisition of another company ever.
It is believed Apple is also interested in Beats expertise in developing wearable products and it edges closer to a much anticipated iWatch launch

http://www.bbc.co.uk/news/business-27336863
http://www.idownloadblog.com/2014/05/09/dr-dre-confirms-apple-beats/ thanks @Prepare​
 
I can't wait to see what Apple is going to do with this. I've always been a fan of the Beats line.
 
Sorry guys, I have been busy counting my dough.

OT: I am happy that Apple has purchased Beats and cannot wait to see what they do with it.
 
Dre's new net worth will be around 800m , not 1billion. Definitely more than Diddy and more than 700m lol.

I saw the video posted on @tyrese 's page on instagram before it was taken down.

Dre seemed pretty happy lmao.

The story's on TMZ now. Dre will look like an idiot if Apple don't finalise the deal lol.
 
Wow that's pretty crazy from 3.2B he got down to to 700m. Still good I suppose imho those things are overpriced garbage.
 
Dang all the OG's I could buy with that money......
 
Beats and Apple go hand in hand, both overpriced as fuck.
Functional, but overpriced.
 
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