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re: Apple purchases Beats Audio for 3.2b

Posted on 5/9/14 at 9:56 am to
Posted by wpsnickers
Member since May 2004
2591 posts
Posted on 5/9/14 at 9:56 am to
Dre is a minority owner of the company (no pun intended). Wouldn't say this makes him a billionaire.
Posted by SG_Geaux
Beautiful St George, LA
Member since Aug 2004
78735 posts
Posted on 5/9/14 at 9:59 am to
You guys are missing something. I don't think they are buying beats for the headphones.

They are buying them for the streaming audio business.

Beats already has tons of licensing deals in place.

That means Apple doesn't have to start from scratch to get into the streaming audio business.

They are now in the business.
This post was edited on 5/9/14 at 10:01 am
Posted by VerlanderBEAST
Member since Dec 2011
19001 posts
Posted on 5/9/14 at 10:02 am to
quote:

Dre is a minority owner of the company (no pun intended). Wouldn't say this makes him a billionaire.
He already has a few millions so it might
Posted by CaptainsWafer
TD Platinum Member
Member since Feb 2006
58527 posts
Posted on 5/9/14 at 10:11 am to
Nice.
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