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Apple Looking To Acquire Beats For $3.2 Billion

Date:
May 9, 2014
Source:
Newsy / Powered by NewsLook.com
Summary:
The purchase would help shore up Apple's share of the music subscription service industry, thanks to Beats Music. Video provided by Newsy


Related Videos

last updated on 2014-07-23 at 10:05 am EDT

Why Apple’s Acquisition of Beats Is Important to the Brand

Why Apple’s Acquisition of Beats Is Important to the Brand

TheStreet (June 5, 2014) — Integrating Beats Music and Beats Electronics into the Apple ecosystem could potentially revive the iTunes platform and strengthen brand recognition with the association of Dr. Dre and Jimmy Iovine, Stephanie Link and Jill Malandrino point out. Link and Jim Cramer own shares of Apple in the Action Alerts Plus portfolio, but Link mentions that the stock is up 40% in the last year and would not necessarily buy it up here. That said, second half of the year product cycles will kick in and it may not all be priced into the shares just yet because we really don’t know how much of a game changer the iPhone 6, watch or home products will be. Video provided by TheStreet
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Apple Close to Buying Beats

Apple Close to Buying Beats

Reuters - US Online Video (May 9, 2014) — Sources say Apple is close to paying $3.2 billion for hip headphones maker Beats Electronics, but some analysts say Apple doesn't need another hot brand. Fred Katayama reports. Video provided by Reuters
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Expect Apple to Debut Smart Home Software and Healthbook at WWDC

Expect Apple to Debut Smart Home Software and Healthbook at WWDC

TheStreet (June 2, 2014) — As Apple kicks off its Worldwide Developers Conference today in San Francisco, correspondent Sergio Quintana offers an on-location preview of what to expect. With Apple's decision to live stream the event sparking many rumors that a big announcement will be made, Quintana reveals what we can expect. He discusses the likelihood that smart home software will be unveiled, the potential of a new iPhone or upgrade to Apple TV and how likely it will be that Dr. Dre and Jimmy Iovine will be present to discuss the recent Beats acquisition. He also reveals what he'll be listening for when chief executive Tim Cook gives the keynote address later today. Video provided by TheStreet
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Apple May Turn Your iPhone Into Remote Control for Your Home

Apple May Turn Your iPhone Into Remote Control for Your Home

TheStreet (May 27, 2014) — Apple is planning to unveil smart home technology at its upcoming Worldwide Developers Conference next week, according to a report by the Financial Times. The report says that Apple is readying software that will turn iPhones and iPads into remote controls that let users control everything from lights to home appliances and security systems. Apple is said to be making the move to keep up with competitors like Google, which acquired Nest Labs in January. The growth expectations for the Internet of Things is increasingly large -- according to Business Insider, which says that while the Internet of Things accounts for 1.9 billion devices today, it will account for 9 billion by 2018. Video provided by TheStreet
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