Apple's paid less than $500M for Beats Music, $2.5B for Beats Electronics

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  • Reply 22 of 59
    SpamSandwichspamsandwich Posts: 33,407member
    Quote:

    Originally Posted by Rogifan View Post





    i wonder how true that is. I could understand Iovine and Dre having access to Beats products in development. But outside of that why would they need access to anything else. Unless Cook wants them to be consultants on future Apple hardware? Doesn't make sense to me.

     

    I think because you wouldn't want to have product duplication. Who knows how many new markets Beats or Apple will enter? We may see new high-end Apple headphones, or low-end Beats smartphones.

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  • Reply 23 of 59
    SpamSandwichspamsandwich Posts: 33,407member
    Quote:

    Originally Posted by pazuzu View Post



    NEWS ALERT!

    STEVE BALLMER JUST BOUGHT THE CLIPPERS FOR 2$BILLION

    GOT A BETTER DEAL.



    http://nyp.st/1gFIDzZ

     

    At least Ballmer will be happier and get less hate now (as long as they keep winning).

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  • Reply 24 of 59
    apple ][apple ][ Posts: 9,233member
    Quote:

    Originally Posted by Rogifan View Post



    That's what I'm thinking. Using the Beats brand to create a sub-brand line of products which could include a less expensive phone, Bluetooth speakers, wearables. Keep the Apple brand as affordable luxury and use the Beats brand to create some fun, hip, colorful stuff. I'm sure some people would cringe at the thought of that. But I don't see why. Lots of companies have sub brands or brands they use for less expensive product lines.

     

    You know, I would actually be ok with that, if they intended to keep the two brands completely segregated. One brand will remain the premium and the other can be a lower end "urban" product line brand.

     

    The one thing that scares me though is if and when they begin to blend the two brands together. I don't think that they fit together at all. Beats belongs with Android hardware, not with premium Apple hardware.

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  • Reply 25 of 59
    Quote:
    Originally Posted by Apple ][ View Post

     

     

    You know, I would actually be ok with that, if they intended to keep the two brands completely segregated. One brand will remain the premium and the other can be a lower end "urban" product line brand.

     

    The one thing that scares me though is if and when they begin to blend the two brands together. I don't think that they fit together at all. Beats belongs with Android hardware, not with premium Apple hardware.


    Apple will keep it all separate - that's the point.  With all the recent fashion hires, Apple is using a bit of the LVMH model.  The premium brand with sub-luxury brands under the umbrella.  I wouldn't be surprised to see a few other brands in future.  Next one starts with letter "C".

    http://www.lvmh.com

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  • Reply 26 of 59
    karmadavekarmadave Posts: 369member
    I'm thinking this might actually turn out to be a pretty good deal for consumers and Apple. They get the cache of Iovine and Dre plus a pretty thriving headphone and speaker business. It may not appeal to 'cork sniffers', but their products are very popular especially with the under 30 crowd. Combined with Apple marketing machine this deal could pay for itself several times. Especially if their music streaming service really takes off...
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  • Reply 27 of 59
    mwhitecomwhiteco Posts: 112member
    Quote:
    Originally Posted by pazuzu View Post



    http://nypost.com/2014/05/29/steve-ballmer-buys-clippers-for-2-billion/

    NEWS ALERT!

    STEVE BALLMER JUST BOUGHT THE CLIPPERS FOR 2$BILLION

    GOT A BETTER DEAL.



    http://nypost.com/2014/05/29/steve-ballmer-buys-clippers-for-2-billion/

    :embarrass

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  • Reply 28 of 59
    rgh71rgh71 Posts: 127member
    malax wrote: »
    I don't think "written off" means what you think it does.

    Jerry: you don't even know what a write-off is, do you?
    Kramer: no, but they do and they're the ones writing it off.
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  • Reply 29 of 59
    taniwhataniwha Posts: 347member
    Quote:

    Originally Posted by Slurpy View Post

     
    Quote:
    Originally Posted by pazuzu View Post



    HAD!

    Fire Cook!

     

    Please **** off, troll. Just once I'd like to see a post from you that deserves to exist. All you do is lower the level of discourse of any thread you enter into the sludge. 

     

    Oh, and who's gonna "fire" Cook? Do you think this deal was just him? Obviously ALOT of people at Apple had to be for it, for it to happen. You don't even have a shred of evidence that it was Cook's idea. Nor have you given a shred of evidence of why its a BAD deal, apart from your trolling drivel. Apple stock is through the roof, so maybe you're the short-sighted  moron? 


    Talk about lowering the level. You might do us all a big favor and stop being an A**hole. There's really no need for the tone that you adopt in almost all of your posts. Stop it please and try to show a bit of class.

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  • Reply 30 of 59
    solipsismxsolipsismx Posts: 19,566member
    taniwha wrote: »
    Talk about lowering the level. You might do us all a big favor and stop being an A**hole. There's really no need for the tone that you adopt in almost all of your posts. Stop it please and try to show a bit of class.

    When someone posts with class he does. [@]pazuzu[/@] is a masochist who makes asinine comments specifically so he get beaten down. It's unfortunate that [@]Slurpy[/@] et al. have to respond at all but [@]pazuzu[/@] is very skilled at trolling.
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  • Reply 31 of 59
    malaxmalax Posts: 1,598member
    Quote:

    Originally Posted by mwhiteco View Post

     



    Actually you are wrong he made a bid of 2 billion but Donald Sterling has said he won't sell them, also the NBA has to vote on his buying them so get your facts straight! :no:


    His facts are straighter than yours.

     

    http://espn.go.com/los-angeles/nba/story/_/id/11003237/former-microsoft-executive-steve-ballmer-submits-winning-bid-buy-clippers-according-sources

     

    Check out this bit about the losing bidder:  "Geffen's group also included Oracle CEO Larry Ellison and Oprah Winfrey, as well as Guggenheim executives Todd Boehly and Mark Walter, Steve Jobs' widow Laurene Jobs, Steve Wynn's ex-wife Elaine Wynn, and Beats by Dre co-founder Jimmy Iovine."

     

    I knew there was a reason I introduced this topic to this thread.  It wasn't off-topic after all.  Too bad the Beats deal took so long to come together or Iovine could have won this one.

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  • Reply 32 of 59
    dick applebaumdick applebaum Posts: 12,527member
    After continuous and rigorous observation -- it occurs to me that cats can't do pinch to zoom.
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  • Reply 33 of 59
    quinneyquinney Posts: 2,528member
    malax wrote: »
    Interesting coincidence that our friend Steve Ballmer just submitted a $2 billion for the LA Clippers.  Not a great year to be a Clippers fan (if there are any).

    Don't you think he will make inspirational halftime speeches to motivate Griffin and Paul to flop better?
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  • Reply 34 of 59
    curtis hannahcurtis hannah Posts: 1,834member
    I'm still trying to see one thing beats does that apple did not already do?
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  • Reply 35 of 59
    dick applebaumdick applebaum Posts: 12,527member
    I'm still trying to see one thing beats does that apple did not already do?

    Compelling interest with the 14-25 age group with money to spend ... Now!
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  • Reply 36 of 59

    Interesting take, this would be great for Apple.  Apple could dominate the low end spectrum without damaging their name.  Whatever area they choose to enter would be branded with the Dre brand, phones, tablets, lap tops, watches, etc.  It would be cheap and insanely decent but better than what the other brands offer.

    Kind of makes you wonder which direction Samesuck would then take.  Should they continue copying the great stuff by Apple or copy the cheap stuff by Dre.

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  • Reply 37 of 59

    Beats Electronics already generates profit. Beats Music is probably still losing money. The latter's purpose is mainly to make sure musicians get a better cut than what they currently get from Spotify, Pandora, etc. iTunes downloads weren't a huge profit driver for Apple and I don't think they intend for a subscription service to change that. This part of the deal emphasizes Apple's love of music & musicians.

     

    The hardware is already profitable and Apple will very likely look to increase that substantially. This part of the deal could potentially pay for the purchase price in a few years. I imagine they will quickly fix build quality issues and Ive will know what to do with design. Dre & Iovine will work with Schiller on marketing. I'm guessing they'll have things to teach each other.

     

    This is mostly about people. The big question is will there be synergy? Both companies are doing well alone; will they do better together? Once the deal closes, I'm guessing they'll have a couple of "simple" projects to announce in fairly short order. Maybe some red-cabled Beats earbuds (or cans) as an iPhone option? Free month of Beats Music for iTunes Match subscribers? Some interesting possibilities for future products.

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  • Reply 38 of 59
    adonissmuadonissmu Posts: 1,776member
    Quote:

    Originally Posted by pazuzu View Post



    HAD!

    Fire Cook!

    Apples stock price went up $11 since this deal was announced. We should fire you. 

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  • Reply 39 of 59
    adonissmuadonissmu Posts: 1,776member
    Quote:
    Originally Posted by Apple ][ View Post

     

     

    You know, I would actually be ok with that, if they intended to keep the two brands completely segregated. One brand will remain the premium and the other can be a lower end "urban" product line brand.

     

    The one thing that scares me though is if and when they begin to blend the two brands together. I don't think that they fit together at all. Beats belongs with Android hardware, not with premium Apple hardware.


    Interesting words coming from you... at least try to be a little less obvious about your bigotry. 

     

    Have you been to an Apple store anytime within the last several years? I'm guessing you buy all of your Apple products online. Otherwise you'd know that Apple has beats headphones all over the freaking displays in their stores. 

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  • Reply 40 of 59
    adonissmuadonissmu Posts: 1,776member
    Quote:

    Originally Posted by Apple ][ View Post

     

     

    I have never written or believed that Tim Cook should be fired, so I'm not one of those people, but I don't think that it's a good idea to use Apple's current stock price to back up your argument, because anti-Apple trolls also like to use Apple's stock price as an argument when it is low, to "prove" how badly things are going for Apple. The stock price would be irrelevant in both cases, in my opinion.


    It depends on what you think the future prospects are for Apple...

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