Apple May Call off Beats deal

[Liquid]

so basically Apple white folks are afraid of a black man balling like crazy. lol

Nah, it's more than that...but you guys would blast Apple for it.

 

[Will Ross]

I doubt dre video is the reason no company spends 3 billon blindly.

 

[SuburbanPimp]

Old white dudes were like "I thought we were buying premium headphones to package with our products, not making some nikka a billionaire "

But I did think it was a lil out of character for Dre to be making a video bragging about it being that he has been so lowkey the past 5+ years even though he has already been caking....

But even if it doesn't go through, Dre is going to continue to make money through Beats one way or another so...

 

[Hersh]

fukk apples..

 

[ORDER_66]

So you know what, dont sell them Beats.... Let them go back on their word and have keep making Beats.... fukk apple if they wont honor the deal. they're not a military contractor with black projects for the govt. People was gonna find out anyways...

 

[Hagendas]

so basically Apple white folks are afraid of a black man balling like crazy. lol

So those who buy Apple support racism hmmm

 

[Heretic]

Y'all act like the suits at apple weren't fully aware that he was in n.w.a. and wasn't with death row and then aftermath after that. Dre is who he is... And they doin this to show him how it feels to be played with by not dropping detox...

 

[ORDER_66]

Y'all act like the suits at apple weren't fully aware that he was in n.w.a. and wasn't with death row and then aftermath after that. Dre is who he is... And they doin this to show him how it feels to be played with by not dropping detox...

The new Apple CEO did this because dre wouldn't drop detox on iTunes... LOL. That be hilarious if it was true.

 

[iamstr8fire]

Crazy if the holdup really is Apple being prudes. Seems so anti-Jobs.

That's what I thought immediately. The führer Steve Jobs was known to act an ass. Why act surprised that Dre is one too?

 

[Uncle_Ruckus]

Y'all act like the suits at apple weren't fully aware that he was in n.w.a. and wasn't with death row and then aftermath after that. Dre is who he is... And they doin this to show him how it feels to be played with by not dropping detox...

 

[HookersandIceCream]

I don't know what it is about this particular topic that makes people on here so ignorant about the topic

It's like they have a personal stake in the company or beats is apart of the black struggle . Your gonna be broke before the deal and after deal. Dre won't give you shyt so stop blindly supporting him

People that think companies spend billions of dollars to buy something are not researching the entire company

First and foremost jimmy Iovine and his group own the majority of the company

I'm sure they want more control than Apple wants to give

 

[Mr. Somebody]

Dont count your chickens until they've hatched, friends.

 

[Heretic]

The new Apple CEO did this because dre wouldn't drop detox on iTunes... LOL. That be hilarious if it was true.

It's layers to this onion

 

[DF is BUSY]

the ignant premature ejaculation videos

:jaycoffee:

 

[GoogleMe]

Apple cuts purchase price of Beats | New York Post

Apple’s biggest deal in its history just got a little cheaper.

The tech titan is expected to announce its acquisition of Beats Electronics this week — at the slightly reduced price of $3 billion, The Post has learned.

A report in the Financial Times earlier this month tipping the deal put the price at $3.2 billion.

That may have been the case but negotiations between Apple CEO Tim Cook and the company co-founded by Dr. Dre were not helped by a leaked report that had Beats Music with just 111,000 subscribers to its streaming service in March.

Spotify, the industry leader, has 10 million paying subscribers — plus 30 million users who use it for free.

That factor may have led Apple’s lawyers to value the firm on a slightly lower basis.

Still, the company is understood to place a high value on the profitable Beats audio business which retails headphones — costing up to $450 — and speakers around the globe.

That business recorded sales of $1.3 billion in 2013.

“Apple hadn’t even begun its due diligence process when news of the number came out,” one source close to the talks said Tuesday.

Dr. Dre and fellow co-founder Jimmy Iovine, a music label executive, will pocket hundreds of millions of dollars in the sale — while at least one corporate backer, Universal Music Group, will be kicking an upward of $400 million back to its Vivendi-owner thanks to an investment made by CEO Lucian Grainge.

Len Blavatnik’s Access Industries also led a $60 million investment round a year ago.

While Dr. Dre boasted in a much-watched video that the sale would make him hip-hop’s first billionaire — Forbes estimated he could gross up to $800 million on a $3.2 billion sale from his 20 percent-to-25 percent stake — a discount could make it hard to reach a 10-figure net worth.

Dr. Dre earned $275 million over the past three years, according to Forbes.

If Dr. Dre owns 25 percent of Beats and the deal goes down for $3 billion — grossing the hip-hop legend $750 million — he could fall just short as he would have to first pay the IRS.

Owning a streaming service is of strategic importance to Apple, which is the mainstay of music-label revenues. The Cupertino, Calif., company has seen digital downloads begin to fall as consumer tastes now bend toward renting over buying.

Whether Apple is buying the business for the hardware or the streaming music business has been the subject of much debate of late.

“Apple doesn’t have a streaming music business so it would be a nice instant get, but the hardware is the profitable business,” said one source close to the talks.

Apple’s World Wide Developer Conference is slated for June 2 and sources believe both Iovine and Dr. Dre will be attending.

Apple is expected to unveil its progress in developing an iPhone platform for the home which includes the ability to use the phone to control light switches and security systems among other things.

Apple declined comment on the Beats talks.