Analyst Gene Munster is no fan of Apple's reported interest in Dr. Dre's Beats Electronics. But even he admits there is one very good reason for the $3.2 billion deal.
And it's not the "coolness" factor from the high-end headphone brand and its rapper/co-founder, said Munster.
Instead, one of the most valuable parts of the reported acquisition would be Beats' other co-founder and CEO Jimmy Iovine, who may reportedly join Apple as part of the acquisition, The Wall Street Journal reported. Read More HERE.
Friday, May 9, 2014
Why Apple CEO Tim Cook Needs Dr. Dre
Analyst Gene Munster is no fan of Apple's reported interest in Dr. Dre's Beats Electronics. But even he admits there is one very good reason for the $3.2 billion deal.
And it's not the "coolness" factor from the high-end headphone brand and its rapper/co-founder, said Munster.
Instead, one of the most valuable parts of the reported acquisition would be Beats' other co-founder and CEO Jimmy Iovine, who may reportedly join Apple as part of the acquisition, The Wall Street Journal reported. Read More HERE.
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