Utterly disturbed by the both the racism and classism on display here. I don't know why I thought differently of the audience here at MacRumors, but apparently my faith was totally misplaced.
First, who gives a **** that Dre posted a video celebrating his (soon-to-be) new-found wealth? And further, who gives any ****s that it's bombastic and full of drunken braggadocio? Clearly you haven't been around or observed some of these new dot-com millionaires and their antics, let alone other pop-culture/music/TV icons and what they do in front of a camera...
I can fairly promise you, if it was Justin Bieber or Eminem, the faux-anger would be a tad more...muted.
Second, the references to "urban youth" and the like to describe Beats customers smacks of the code-words of the Republican Party, c. 1980-1993, wherein everything negative was associated with "urban" Americans.
Next, get over your...exclusivity complex. This is business. Apple will sell to whomever can buy their products. And I don't know about you, but I use Apple products because they are the BEST DESIGNED, BEST ENGINEERED, and MOST FUNCTIONAL PRODUCTS for ME. If you are an Apple customer solely because of who you THINK being an Apple user shows the world you are, kill yourself because your life is miserable.
Clearly, Cook, the Board and the other senior people at Apple see Iovine - and to a lesser extent, Dre - as holding the keys to the music kingdom and providing cred in an area that Apple has had to fight to be accepted in, despite what they've done to help the music industry.
Many of you need to check yourselves because you're showing you're more like the people you claim to despise, than you might care to admit.
As a shareholder, I'm happy with the spend. I see the vision and I believe in the move.
https://www.youtube.com/watch?v=11D7p8X6UgY