In Reply to: RE: Apple throws money at Dr Dre posted by Diogenes on May 10, 2014 at 11:52:53:
I kept trying to sell but it wouldn't let me. Apparently, the stock symbol for apple is AAPL, not APPL. ;)
It does seem that they acquired beats for the streaming service. The headphones are popular and have a huge markup, which doesn't bother apple, but they never would buy a brand for that reason alone. They are falling behind subscription services like spotify and an easy entry is had by paying up a few billions. They could have created their own service, but this way they swallow a potential competitor in the process.
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- RE: Apple throws money at Dr Dre - zarniwoop 17:11:19 05/11/14 (0)