Deunan Posted May 28, 2014 Share Posted May 28, 2014 Apple is preparing to finalize the purchase this week.The acquisition was initially said to be valued at $3.2 billion, but the company has rounded down the amount to a $3 billion, after what sources indicate is a more accurate evaluation of Beats' actual worth.Several reports surfaced earlier this week of Beats co-owner Dr. Dre's allegedly inebriated boast that he would become the first billionaire rapper following the acquisition, which some sources claim put the entire deal at risk.Ironically, the lower $3 billion valuation would mean Dr. Dre would grosses a maximum of $750 million from the deal, which added to the $275 million he earned over the past three years would still put him just shy of a seven figure net worth due to taxes.Apple would meanwhile get the company's first music streaming service, Beats Music, which many analysts value almost as highly as its popular headphones and speaker brands.So we could see Beats Audio in the new iPhone 6, iPod Touch 6th Gen, iPad Air 2, iPad Mini 3, MacBook Air, EarPods, Etc...Beats by Apple / Apple Beats / iBeats coming soon... Quote Link to comment Share on other sites More sharing options...
marshall39 Posted May 29, 2014 Share Posted May 29, 2014 (edited) Apple is preparing to finalize the purchase this week.The acquisition was initially said to be valued at $3.2 billion, but the company has rounded down the amount to a $3 billion, after what sources indicate is a more accurate evaluation of Beats' actual worth.Several reports surfaced earlier this week of Beats co-owner Dr. Dre's allegedly inebriated boast that he would become the first billionaire rapper following the acquisition, which some sources claim put the entire deal at risk.Ironically, the lower $3 billion valuation would mean Dr. Dre would grosses a maximum of $750 million from the deal, which added to the $275 million he earned over the past three years would still put him just shy of a seven figure net worth due to taxes.Apple would meanwhile get the company's first music streaming service, Beats Music, which many analysts value almost as highly as its popular headphones and speaker brands.So we could see Beats Audio in the new iPhone 6, iPod Touch 6th Gen, iPad Air 2, iPad Mini 3, MacBook Air, EarPods, Etc...Beats by Apple / Apple Beats / iBeats coming soon...Please delete. Edited May 29, 2014 by marshall39 Quote Link to comment Share on other sites More sharing options...
stylemessiah Posted May 29, 2014 Share Posted May 29, 2014 So one company who likes horrendously overpricing their products is buying another one that does the same?Im shocked....not.Beats has been proven to be absolute crap marketed extremely well...... Quote Link to comment Share on other sites More sharing options...
Deunan Posted May 29, 2014 Author Share Posted May 29, 2014 Hmm... Beats Music has 110,000 subscribers, Spotify has over 6 million... Quote Link to comment Share on other sites More sharing options...
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