Wednesday, May 14, 2014

The 3.2 billion dollar deal

          Apple is buying Beats by Dre for 3.2 Billion dollars. Why would they? You are asking its because Apple needs street credit since there sales have gone down. Their iTunes sale has gone down since people have been buying and listening to music off of Spotify. They tried to come back with iTunes radio but its just not working. More than 60 percent of people own a smartphone and Apple sales on phone has gone down a lot. This Could be the deal That brings them back to the top.

          I found the story interesting Because why would Apple buy Beats for that much. I know Beats are good but for 3.2 Billion dollars! Since Apple bought Beats from Dr. Dre it could make him the first billionaire rapper. Also buying Beats headphone is not about the headphone apparently. I just think the deal is outrageous. I hope this deal will work with Apple Because they really need it.

http://www.washingtonpost.com/blogs/the-switch/wp/2014/05/09/why-apple-is-so-interested-in-beats-its-not-about-the-headphones/ 

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