SixtyoneNorth

About

Username
SixtyoneNorth
Joined
Visits
0
Last Active
Roles
member
Points
2
Badges
0
Posts
1

Reactions

3Like0Dislike0Informative

  • 'Intentional' culture clash between Apple, Beats causes friction, aims to 'create something groundb

    SixtyoneNorthSixtyoneNorth
    While I agree $3 billion is a lot, and that they likely overpaid to acquire Beats - it is roughly 1% of their overall savings. 
    Not sure why everyone is so focused on the advantages they expected to get from the purchase either. This was likely a strategic buyout of a very competitive service. Better to fold them into their own umbrella than to have to compete with them on the market. Considering the potential of the streaming music industry, $3 billion now may well be a drop in the bucket in the future. 
    calipacificfilmcornchip