Apple's Purchase of Beats May Not Be Finalized Until Next Week

Discussion in 'MacRumors.com News Discussion' started by MacRumors, May 14, 2014.

  1. macrumors bot

    MacRumors

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    [​IMG]


    Following reports last week that Apple had purchased Beats Electronics, it was thought the deal would be finalized and announced this week. However, Re/code is reporting the deal may not be finalized until next week.
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    Once the deal is completed, Beats co-founders Dr. Dre and Jimmy Iovine are expected to take on senior roles at Apple, with Iovine potentially becoming Apple's new music chief. In addition, Iovine and Dre's first official appearance as Apple employees is expected to take place at June's Worldwide Developer Conference.

    Article Link: Apple's Purchase of Beats May Not Be Finalized Until Next Week
     
  2. macrumors 65816

    furi0usbee

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    #2
    Dre should just stick to acting. Oh wait, that's Ice Cube. Forget it.
     
  3. macrumors member

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  4. macrumors 6502a

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    #4
    Beats probably shouldn't have blabbed all about it if they wanted to get it done.

    And Steve Jobs/Katie Cotton would never have allowed any leaks of this. Had any leaks occurred, the deal would be off.
     
  5. macrumors 68020

    carjakester

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    #5
    Stay tuned for rumor of which day it will be.
     
  6. macrumors 6502a

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    #6
    If it weren't for dre we wouldn't have ice cube.
     
  7. macrumors regular

    mdridwan47

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    #7
    Dre would be a great addition to Apple's health team. Being Doctor and all..
     
  8. macrumors member

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    #8
    Still waiting to see why Apple is making this acquisition. I have not been impressed with Beats products to date. I wonder if there is something they have in their pipeline...
     
  9. macrumors 603

    nfl46

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    #9
    Of course there is. I don't think they would have spent 3.2 Billion for nothing. Lol.
     
  10. macrumors 6502

    UnfetteredMind

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    #10
    Is Trent Reznor going to get any kind of a position at Apple?
     
  11. macrumors 6502

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    Beats phone

    It's not something I have seen suggested so far but I have been wondering whether part of the reason for purchasing beats is to use the brand for launching a slightly lower end phone that appeals to a different part of the market. A Beats phone would run ios, and wouldn't be branded apple in any way other than the software. It would allow for a lower end, lower quality product without potentially damaging apples brand. It would be as close as possible to licensing ios without losing control.
     
  12. macrumors 6502

    seamer

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    #12
    Or Slim Shady.

    Back to reality...
    The major reason for this purchase seems to be the music catalog available to Beats. Can't the major players just revoke access since the terms of their contract/owner is changing?

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    This would mess with HTC's already released Android phones and potentially any laptops released with the Beats brand. We saw how a fully branded Apple 5C went over with the public. The public said they didn't want a cheap Apple phone, they wanted the full experience.
     
  13. macrumors 68020

    HappyDude20

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    #13
    Here. We. Go.
     

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  14. macrumors 601

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    #14
    Plus he's crazy ripped shape. :)
     
  15. macrumors 65816

    DTphonehome

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    #15
    Makes sense. They've got to put everything they have into getting Flappy Bird back in the App Store. Beats will have to wait.
     
  16. macrumors regular

    perealb

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  17. macrumors regular

    iSteve-O

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    Hip hop's first billionaire. Bring on the haters :cool:
     
  18. macrumors 65816

    DTphonehome

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    #18
    No one knows for sure, but probably. Which makes one think if there isn't more to this deal.
     
  19. macrumors member

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    #19
    Just... WTF!?
     
  20. Guest

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    #20
    Unfortunately he cant count. He probably should of checked his math before he embarassed himself in that video.
     
  21. macrumors 68000

    Tankmaze

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    #21
    I assume this leak transaction is someone from beats ? Surely Apple wouldn't like this deal to be publicize
     
  22. macrumors 6502a

    dmccloud

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    #22
    Because nothing ever got leaked when Jobs was in charge (well, except the iPhone, iPad, Apple TV, Intel switchover, new iphone specs,...)

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    I can't remember who reported it, but Dre's total net worth post-sale to Apple would be just over $1.1B based on existing holdings and his stake in Beats.
     
  23. macrumors regular

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    #23
    Yes please!
     
  24. macrumors 6502

    lotzosushi

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    #24
    Coming WWDC 2014 - The new beets headphones by :apple:

    [​IMG]

    Sound optimized for OS XI Radish
     
  25. slu
    macrumors 68000

    slu

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    #25
    HTC doesn't have anything to do with Beats anymore.

    Also, I thought the OP had an interesting idea. A "Beats" Phone running iOS at a lower price point would be an interesting addition to that market. And the public would LOVE a cheap iPhone. The 5c was not a cheap iPhone. It was an expensive iPhone in a plastic shell. If Apple sold something at the Nexus 5 or Moto X price point, it would sell like crazy.
     

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