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Apple Nearing $3.2B Deal for Beats

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09 May 2014 00:50 #190029 by chairman
Apple Nearing $3.2B Deal for Beats

That's a lot of cash for some headphones. Sources say Apple is getting close to purchasing Beats Electronics, a headphone maker and music-streaming service, for a whopping $3.2 billion. It would be the largest purchase in Apple's history and a sign that the tech giant is seeking to introduce a music-subscription service. Beats was valued in September at more than $1 billion, and just last month, Apple CEO Tim Cook said Apple was "on the prowl" for more acquisitions.
Always tell someone how you feel because opportunities are lost in the blink of an eye but regret can last a lifetime.
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