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Apple (Nasdaq: AAPL) Pulls Trigger on $3 Billion Beats Deal
Apple Inc. (Nasdaq: AAPL) finally announced today (Wednesday) after the markets closed that it was buying Beats Electronics for $3 billion, a deal that has been simmering in the rumor mill for three weeks.
The deal itself was no surprise, but tech pundits have driven themselves mad over the past few weeks trying to figure out why Apple CEO Tim Cook made the deal.
Sure enough, Cook did talk about the deal. Here’s what he had to say…
Apple Inc. (Nasdaq: AAPL) finally announced today (Wednesday) after the markets closed that it was buying Beats Electronics for $3 billion, a deal that has been simmering in the rumor mill for three weeks.
The deal itself was no surprise, but tech pundits have driven themselves mad over the past few weeks trying to figure out why Apple CEO Tim Cook made the deal.
Sure enough, Cook did talk about the deal. Here’s what he had to say…