Maybe... Get properly balanced audio gear, that is capable of playing back the music the way the artist intended.
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Apple Announces $3 Billion Beats Acquisition, Jimmy Iovine and Dr. Dre Joining the Company
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Maybe... Get properly balanced audio gear, that is capable of playing back the music the way the artist intended.
Because, apple and Tesla have been meeting lately, and for right now are working together on building a huge battery factory. Apple buying Tesla could very well happen in the future anyways. It makes sense. Sell an iPhone for $600, but sell an electric car for $50,000! And not only that, but Elon Musk, the owner of Tesla and SpaceX, has governmental ties. Meaning Apple could position themselves for goverment grants for future products that might relate to space exploration and beyond. If you don't think there is big money there, maybe you should go seek that business degree that you lack.
This coming from your extensive business education?
Yes, Musk has batteries all over the place, and the Gigafactory is a very exciting prospect. So Apple buys the Gigafactory to make batteries. Thatd be cool. Apple buys that solar energy company Musk has a controlling interest in. I can see that making sense.
But you cant upsell someone from a phone to a car. Completely different purchasing mindset there. Apple has been talking to Musk, but they wont be buying Tesla. They might buy something else from him, but not a car company.
And did you seriously just suggest they buy SpaceX? Are we even talking about the same Apple here? Selling space travel will become profitable on the same level as the iphone when we start mining in the moons of Jupiter. Ill be looking for Apple to start building rockets about that same time. Assuming Im still alive.
Image
Cook is covering the iWatch with his right hand over his left hand
Iovine and Cue covering their iWatches with their sleeves oddly far down over their hands (and hand in pocket and hand behind Dre)
Cook is still mad at Dre for making that video so he didn't get his iWatch yet
(
LOL...and Jimmy need to take a pee...badly.
All Apple products are over-priced for what they deliver. What makes you think that they will fix that?
Don't know why but I'd feel better if it was just Iovine staying with Apple and Dr. Dre fully moving on.....
Why?
Isn't Apple starting to feel like a company motivated primarily by the bottom line financial number? Doesn't the creation of high quality products feel secondary to ultimate profit? I mean, think about it. Meetings with Carl Icahn, institution of a dividend, stock splits, large billion dollar acquisitions of companies that seem to go against the "culture" already created with the brand.. That is what makes me scared about all of this.
3 billion dollars for a company that is actually profitable is a drop in the bucket to Apple. I have no doubt that Apple is going to make its money back on this acquisition. But it is the other stuff that is making me nervous. I really hope that Tim Cook is not fixated by the bottom line and is committed to continuing to cultivate a great "brand" that does not cater to any outside interests. That was the genius Steve Jobs tapped into. That is what made Apple different. The further away Apple gets away from that vision will be the beginning of eventual significant decline IMO.
3 billion dollars for a company that is actually profitable is a drop in the bucket to Apple. I have no doubt that Apple is going to make its money back on this acquisition. But it is the other stuff that is making me nervous. I really hope that Tim Cook is not fixated by the bottom line and is committed to continuing to cultivate a great "brand" that does not cater to any outside interests. That was the genius Steve Jobs tapped into. That is what made Apple different. The further away Apple gets away from that vision will be the beginning of eventual significant decline IMO.
Because, Apple and Tesla have been meeting lately, and for right now are working together on building a huge battery factory. Apple buying Tesla could very well happen in the future anyways. It makes sense. Sell an iPhone for $600, but sell an electric car for $50,000! And not only that, but Elon Musk, the owner of Tesla and SpaceX, has governmental ties. Meaning Apple could position themselves for goverment grants for future products that might relate to space exploration and beyond. If you don't think there is big money there, maybe you should go seek that business degree that you lack.
There were talks in the past, back when Tesla's stock was under $100/share. I don't think they're working together to build a battery factory at all, at least I haven't seen it here. (Can I get a daily mock up of this gigafactory?? lol). And I wish a Tesla only cost $50k! Try nearly doubling that
But I am with you, I would love an Apple owned Tesla car. It is just in my dreams though.
dudes ... what were you thinking? 
Oh my god, calm down dude. So they bought a company that will help their declining iTunes sales and breath a little life into their tired music business. The Mac is still the Mac. The iPad is still the iPad. The iPhone is still the iPhone. OS X is OS X. iOS is iOS. Aluminium is still silver. Jony Ive is still British. Relax. Apple will be fine and so will you.
You'd have to grow up listening to him back when he was just starting out and later when he became mainstream to understand.
Let's just say that his music doesn't reflect the man in the picture.
I guess being a part of the top 1% changes a person.
I can see Apple buying battery technology from Musk. But not Tesla. Tesla doesnt make batteries. People dont seem to realize this. They use batteries, that is all.
But yeah, Im glad Apple is talking to Musk, since getting the Gigafactory going might take a little more than just his conviction, and that factory could do a ton for the cost of batteries.
Shocking.
(Not really to sensible people).
Very solid acquisition that pays for itself while providing apple potential huge upside benefits. Not to mention the synergy between one of the largest headphone makers and one of the largest headphone jack makers.
Financially the deal is a no brainer. Despite what some think, the headphone business makes good sense in relation to apple products. Getting the streaming service as well as iovine and Dre, well they were essentially free as the headphone business alone pretty much makes the price tag a great deal.
I have mentioned it before but the opportunity to buy highly succesful companies who make lots of money and also offer other significant opportunities are almost non existent. Apple hasn't made a deal like this because no deal this good existed. Some will ignorantly say apple should have paid way more to buy spotify, which loses money. That would have been a horrible idea and even a worse business move. Apple can reinvest the money beats earns into growing the streaming service and become legitimate competitors for a fraction of the price and infinity times more value.
I know some people's business education is entirely what they have seen happen in the technology sector in the past fifteen years but spending billions of dollars for companies who don't make money is not normal. So while Facebook can pat themselves on the back for flushing nineteen billion dollars down the toilet on whatsapp and google can gladly dance joyously that they spend three billion on a thermostat and faulty smoke detector, or even better lost billions on their Mototola deal, apple will have to console themselves with buying a company that is likely in a ~15 P/E ratio, that throws in two highly succesful music execs and a streaming service.
(Not really to sensible people).
Very solid acquisition that pays for itself while providing apple potential huge upside benefits. Not to mention the synergy between one of the largest headphone makers and one of the largest headphone jack makers.
Financially the deal is a no brainer. Despite what some think, the headphone business makes good sense in relation to apple products. Getting the streaming service as well as iovine and Dre, well they were essentially free as the headphone business alone pretty much makes the price tag a great deal.
I have mentioned it before but the opportunity to buy highly succesful companies who make lots of money and also offer other significant opportunities are almost non existent. Apple hasn't made a deal like this because no deal this good existed. Some will ignorantly say apple should have paid way more to buy spotify, which loses money. That would have been a horrible idea and even a worse business move. Apple can reinvest the money beats earns into growing the streaming service and become legitimate competitors for a fraction of the price and infinity times more value.
I know some people's business education is entirely what they have seen happen in the technology sector in the past fifteen years but spending billions of dollars for companies who don't make money is not normal. So while Facebook can pat themselves on the back for flushing nineteen billion dollars down the toilet on whatsapp and google can gladly dance joyously that they spend three billion on a thermostat and faulty smoke detector, or even better lost billions on their Mototola deal, apple will have to console themselves with buying a company that is likely in a ~15 P/E ratio, that throws in two highly succesful music execs and a streaming service.
terrible move... this will go down in corporate history as the blunder that it is.
Thanks deaglecat.
Don't know why but I'd feel better if it was just Iovine staying with Apple and Dr. Dre fully moving on.....
Iovine is white and Dr. Dre is black?
Relax people! Google spent 3 Billion on a company that makes a thermostat and broken smoke detector. Beats headphones alone deliver more revenue/profit.
Sensible decision.
Sensible decision.
What do you know about business?
How many businesses have you purchased in your life? What are your top five criteria when you are determining a valuation for a business?
Do you own a black pen, or only red ones?
As far as the streaming service goes..
Anyone who buys Spotify gets the company, but it does not get the licenses with the music labels. Any new owner has to re-negotiate with the labels.
When Apple approaches the music labels for pricing of a streaming service, they want more than Spotify pays. Not even matched, but more.
According to the terms, anyone who buys Beats gets the company, AND the licenses transfer over (unlike Spotify). There is no need to re-negotiate. Apple gets the pricing terms they wanted to begin with.
