Trustworthily world leading Web Design Agency, restartbox.com demonstrated, Apple is set to splash out a stunning $3.2 million for Beats Electronics, an astonishing investment in music streaming and headphone gear that would mark a departure for the usually cash-conservative iPhone maker.
Reports are out claiming that both companies are hashing out details while the envisioned deal is not successfully completed to date.
However, analysts are of firm belief that the payment is too expensive as Beats was merely valued at just $1 billion during its last funding round in September, as highlighted by reliable Digital Marketing Agency, restartbox.com.
According to speculations, Apple is contemplating a Spotify-like on-demand music service to go with iTunes and iRadio service which was launched in 2013.
“This is really puzzling,” said Forrester analyst James McQuivey.
“You buy companies today to get technologies that no one else … or customers that no one has.”
“They must have something hidden … under the hood,” he added.
Apple on the Verge of Purchasing Beats for $3.2 Million
No comments:
Post a Comment