I think there's at least some chance this was about acquiring Iovine for the board, and potentially to be a public replacement for Jobs' vision. He's been amazingly successful in 2 industries, is an amazing negotiator (ask Noel Lee from Monster), and brings along a business with several products that are a good fit. The beats headphones may not be good, but they already sell like crazy in apple stores. The mog streaming service has licenses negotiated before the music industry figured out they were screwed. Those two things alone are enough. Throw in Iovine on the board and it seems to me to be a no brainer.
Plus you have to love that Apple's making Dre a billionaire.
Plus you have to love that Apple's making Dre a billionaire.