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Friday, May 30, 2014

Beats is being sold to Apple

Apple Inc. has bought Beats by Dr. Dre for 3.2 billion dollars. This is the biggest purchase made by Apple and a smart one. This is a good purchase by Apple because it will help the company get a stronger foot hold in the realm. Most of Apples purchases are small one. One of the previously required companies they bought was Next Computer Inc. They bought it for 400 million dollars. Beats was founded by Jimmy Iovine and Rapper Dr. Dre. The company sells high end head phone that have the ability to block out all sound accept for the song that is playing. After Apple bought
Beats Dr. Dre became the first billion air rapper.    

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