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Report Claims Beats Acquisition to Bring "Culturally Aware" Managers to Apple, Manage Subscription Music Transition
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If that's the case Apple should probably acquire Martha Stewart Living Omnimedia next.
And while we are at it, acquire the Oprah Winfrey Network also.
Dre did assault a woman back in the day. But he didn't murder anyone unless you can show us where he did.
Lol goons huh? Leading their PR campaign? So the musical influences, billion dollar business they've created doesn't matter huh. Well you can buy beats products right now on the apple website so again it seems like apple doesn't mind Dre and Iovine. I guess apple has to be the high horse of morals and not care about being a for profit company.
It'd be funny to see this deal happen these forums would blow up with people swearing off apple. Then in September they'll buy an iPhone and in the fall they'll buy an iPad.
Millennials are currently 19 - 35 years old. If you think Apple is targeting 2 - 18 year olds, which would be the as yet unnamed "Generation Z" than you're not too bright.
- Bose doesn't get them a music subscription service.
- Bose has an existing network of 160+ retail stores.
- Bose has been headed steadily downmarket over the last two decades.
- Bose has annual revenues in excess of $2B and (reportedly) solid margins on their products as well as patents and trademarks, meaning any acquisition of Bose would be far more expensive than ~$3B (if it were possible).
"Under the terms of the gift, MIT cannot sell its Bose shares and will not participate in the management or governance of the company. Bose Corporation will remain a private and independent company, and operate as it always has, with no change in strategy or leadership."
Amar Bose 51 makes stock donation to MIT
Thanks for trying to give your opinion as fact. Spoiler: It's not fact.
Some of the strongest hip hop - and art in general - has come out in the last few years including Kendrick Lamar's Good Kid, MAAD City,
Lupe Fiasco's Food & Liquor II, Wale's "The Gifted" and Childish Gambino's "Because The Internet".
Some of the strongest hip hop - and art in general - has come out in the last few years including Kendrick Lamar's Good Kid, MAAD City,
Lupe Fiasco's Food & Liquor II, Wale's "The Gifted" and Childish Gambino's "Because The Internet".
Dre and Iovine are worth $1.5 billion net worth combined.
But seriously, this is not how deals are valued. I'm a finance analyst for a $5 billion software company (Intuit). We look at strategic acquisitions all the time and like Apple they are typically a number of smaller acquisitions as a play for key technologies that together in our stable have more value than being apart.
That's partly what this is about. But a nuance to this is that Beats/Dre/Iovine may not be worth $3.2 billion in, say, Microsoft's stable because Microsoft may or may not feel it has the moving pieces to make it worth taking them off the table from everyone else at such a price.
If Apple does, it's because their M&A analysts and consultants have identified that future returns on that investment are substantially in excess of $3.2 billion but only because of what they can do with it. What company XYZ can do with it is completely immaterial to Apple's valuation except as baseline for knowing how much over that do they have to be to guarantee that Beats will take their offer and not XYZ's.... especially if there's a chance that XYZ can throw out a similar number.
As Warren Buffett is known for saying, "Price is what you pay. Value is what you get." $3.2 billion is the price they may be floating, but the total value goes beyond just tangible book value of the assets involved or the current operating cash flows and includes, generally, an analysis of the future operating cash flows discounted to net present value.
Is it an exact science? Of course not. But such valuations usually are approached from three or four different methodologies and they take a best, worst and average case scenario of them to arrive at an offer based on whatever metrics make the most sense.
It's not dart throwing when there's this much money involved, unless it's a financial institution you're buying in which case there aren't any widgets to count and the "value" of a good chunk of the cash generating assets is highly questionable.
If J. Ive things about them at all, he probably thinks something like: "Jeez those things are UGLY. But Jeez those things bring in a lot of CASH profits."
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Same tired arguments. Seems the only thing Tim Cook has done to piss people off is his full time role as Not Being Steve Jobs.
Apple revolutionizes the smart phone - yes.
Beats revolutionizes the headphone - no.
Beats revolutionizes headphone marketing - yes.
If you know a bit about design then you will know it is absolute incorrect, the industrial designer of Beats is Robert Brunner, not Jony Ive, other stuff was developed by Monster just to get the fact straight.
Just because things are stuffed in a fancy box, it does not make the product better or worse just more expensive. Fun though a box like the one Monster and Beat are using cost around $10.- to produce in China, but I guess you need a nice box to sell the product.
Check http://www.fastcompany.com/3030571/bottom-line/designer-of-beats-by-dre-on-asking-tough-questions
To reason why I say beats revolutionized the headphone market is because people that normally would not have purchased over the ear headphones are now buying them.
I think the reply you quoted was referring to the fact that Robert Brunner (who recruited Jonathan Ive) was once Chief of Industrial Design at Apple.
I made that comment somewhat tongue in cheek, but honestly there are people who see racism in everything. I'd like to say it's a product of the current times, but it's always been true. Heck, it's routinely commented when people try to discuss problems with Obamacare. People that have issues with it are frequently regarded as being racially biased.
"If you are part of the large contingent of the American population that opposes Obamacare, it’s probably because you’re a racist." - Senator Rockefeller in a committee meeting on 5/21
No doubt he's saying this for political reasons, but it's still silly.
Dr.Dre hasn't released an album in 15 years.Hes been a record exec. And producer for all types of artist.So he's not a gangster rapper.
I just love the armchair/keyboard CEOs telling everyone about Tim Cook's imminent downfall and what really bad business acumen he must have!
FWIW, I'm a white UK guy in my 40s.
When I heard Apple might be buying Beats, the first things that popped into my head were:
Other than that, I don't have anything!
FWIW, I'm a white UK guy in my 40s.
When I heard Apple might be buying Beats, the first things that popped into my head were:
- Streaming Service & great access to music labels via Iovine.
- Improved head/earphones.
- Some kind of tie in with iWatch (i actually think tnis will play a BIG part in this.
Other than that, I don't have anything!
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The guy thinks he's funny.Let him continue to embarrass himself.
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Oh yes! They flock in droves over in PRSI. It's surprising to see it in the News forums.
It's one thing to say that I have "X" feelings about "Y" group of people.
It's another thing to say "X" group of people can't say "Y" about whites because it makes me feel uncomfortable. Which Mums is saying and is the root of white privilege.
I'm amazed the sheer amount of hate that's going on here.
But then again that's normal before anything big - the iPod was royally hated by MacRumors members when it came out, the whole internet thought that iPad was the stupidest name ever and it was "just a big iPod touch."
Something I've learned is that the more controversial an idea Apple has, the more likely it'll be a good decision
Agreed. Too much fake futurecasting going on here. No one knows how the future will turn out in terms of this acquisition being a good or bad thing....but Apple / Tim didn't wake up one day and just feel like burning 3.2 Billion away.
This site maybe should be re-named to "Read, Complain, Still Eventually Purchase."
and you separated African Americans from teenagers because....? So people of african descent can't be teenagers? You speak of them as if they are some separate species or so.