To be precise, exactly 3000 metric tons![]()
Quote: "According to the U.S. Treasury, "In $100 bills, the weight of $1
million is about 22 pounds." [that's 10 kg.]"
Three billion dollars in $100 bills would be about 30,000 kg or 30 metric tons.
To be precise, exactly 3000 metric tons![]()
That "some rap guy" is a very very smart businessman. Last time I checked, apple could use more smart businessmen
----------
"BS artists" I really wish people would know more information about the people they are talking about before commenting.
Tim Cook is slowly killing Apple. What Ballmer did to Microsoft, that's exactly what Cook's gonna do to Apple in 5 years. Just watch. The man has no vision and is easily swayed by these BS artists.
If these Beats stories are true I'm predicting Apple's downfall.
Then i'm selling my stock, this is to stupid. About 10 times the price they payed for Next.![]()
And Apple paid for and owns all the trademarks. On the other hand, "iTunes Records" would be a much more likely candidate for a name.
----------
It depends. To the extent that this improves Android devices, that's actually a negative for Apple. To the extent that it improves sales and/or market power of the product, it's a positive. For example, if you have a choice on an Android phone to buy music from Amazon or Google, Apple would surely prefer it if you bought the music from iTunes instead.
----------
It's more related to the fact that Apple (which is AAPL, not APPL. APPL is a defunct petroleum company) and Microsoft make tons of money, while Facebook doesn't and Google makes a lot less. The more profit, the lower the P/E ratio.
----------
What Apple headphones? I have never seen any Apple headphones. Of course there is a huge list of companies making better headphones than Beats. The list is almost identical to the list of companies making headphones![]()
I'm not sure how many times this needs to be repeated...
APPLE IS NOT BUYING BEATS FOR ITS HEADPHONES.
APPLE IS NOT BUYING BEATS FOR ITS HEADPHONES.
APPLE IS NOT BUYING BEATS FOR ITS HEADPHONES.
APPLE IS NOT BUYING BEATS FOR ITS HEADPHONES.
Apple needs a Spotify-killer and Beats has a deal with record labels that Apple evidently wants.
Apple is not full of stupid people. There must be a good reason for this whole deal to be going through. Without knowing all the facts we can just but guess...
Tim Cook is slowly killing Apple. What Ballmer did to Microsoft, that's exactly what Cook's gonna do to Apple in 5 years. Just watch. The man has no vision and is easily swayed by these BS artists.
From what I've read about Iovine, not a fan. Successful, big talker, shrewd, but something about him...
So, 3 billion, PLUS potentially a 'Special Advisor'? Sweet investment Jimmy.
http://gizmodo.com/5981823/beat-by-dre-the-inside-story-of-how-monster-lost-the-world
Not in a good way. Why not take that 3 billion and make your own high end headphones. Do something innovative not yet seen like when the iPad came out. 3 freaking billion is a ton of cash. Hell, I bet it weighs that much in $100 bills.
I'm not sure how many times this needs to be repeated...
APPLE IS NOT BUYING BEATS FOR ITS HEADPHONES.
APPLE IS NOT BUYING BEATS FOR ITS HEADPHONES.
APPLE IS NOT BUYING BEATS FOR ITS HEADPHONES.
APPLE IS NOT BUYING BEATS FOR ITS HEADPHONES.
Apple needs a Spotify-killer and Beats has a deal with record labels that Apple evidently wants.
iTunes:
Opportunity to remove a competitor + ability to better challenge remaining competitors (looking at you Pandora) + gain access to high bit rate media library + add channel (new premium home for mastered for iTunes?) + add artists to iTunes portfolio + bring Beats customers into ITunes + by being part of Apple gain new customers who went somewhere other than iTunes or Beats + add premium aspirational channel for current iTunes customers to move up to + build on Beats hardware, media and distribution by selling existing customers other Apple hardware and services = so much win!
It's about challenging Spotify, not Pandora. Apple needs on-demand streaming deals with record companies and needs them asap, because that's the future of music. Radio was DOA.
Headsets;
Lots of commenters saying the price is high and the performance is not commensurate. But headsets is only a small key to opening a much bigger lock.
Established brand + high price-point + improve product and quality + Apple's purchasing power for reduced component prices and lower assy and distribution costs + add customers who wouldn't have ever considered buying a Dre branded product (because the Dre name will go but the Dre customers will stay) = significant win
iTunes:
Opportunity to remove a competitor + ability to better challenge remaining competitors (looking at you Pandora) + gain access to high bit rate media library + add channel (new premium home for mastered for iTunes?) + add artists to iTunes portfolio + bring Beats customers into ITunes + by being part of Apple gain new customers who went somewhere other than iTunes or Beats + add premium aspirational channel for current iTunes customers to move up to + build on Beats hardware, media and distribution by selling existing customers other Apple hardware and services = so much win!
Branding?
Acquire "Beats" trademark, maybe avoid litigation over iBeats brand if used for health app. (Will Swatch Group be next to avoid iSwatch conflict? Nah!)
Personnel: Add whatever technical specialists + tie-up Iovine as industry insider consultant = glorious win.
Take off the hat dude....
Dr. Dre pocketed about $100 million on the HTC deal, I can only imagine what he'll get out of this one.
Dr. Dre pocketed about $100 million on the HTC deal, I can only imagine what he'll get out of this one.
Ugh.... what's next, Apple? Gonna hire Dr. Dre too? Ughhhh![]()
I don't understand this whole thing. I thought Beats was just a crappy headphone company pushed by some rap guy.
I don't understand this whole thing. I thought Beats was just a crappy headphone company pushed by some rap guy.
I'm not sure how many times this needs to be repeated...
APPLE IS NOT BUYING BEATS FOR ITS HEADPHONES.
APPLE IS NOT BUYING BEATS FOR ITS HEADPHONES.
APPLE IS NOT BUYING BEATS FOR ITS HEADPHONES.
APPLE IS NOT BUYING BEATS FOR ITS HEADPHONES.
Apple needs a Spotify-killer and Beats has a deal with record labels that Apple evidently wants.