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Should Apple Music Be Afraid Of Spotify's New Hire?
Wednesday, June 8, 2016 - 11:11am | 266Spotify, the popular on-demand music streaming app, just hired Lady Gaga's former manager, Troy Carter. The question investors are now asking is if Apple Inc. (NASDAQ: AAPL) should be worried, as the company struggles to gain market share in the rapidly growing and lucrative streaming music segment...
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Beats Causes More Legal Trouble For Apple
Thursday, January 8, 2015 - 8:23am | 323Apple Inc. (NASDAQ: AAPL) is back in the news with legal trouble, but this time it's the recently acquired Beats Electronics that is facing fines. The headphone manufacturing company is being sued by former partner Monster LLC, which claims that Beats’ co-owners Jimmy Iovine and...
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Why Would Apple Inc. Close Beats Music? Experts Weigh In
Wednesday, September 24, 2014 - 10:38am | 738Apple Inc. (NASDAQ: AAPL) is rumored to have closed Beats Music, the streaming music portion of Beats Electronics. The company has since denied this claim, but additional reports claim the Beats Music brand will be eliminated. "The [Apple] brand is incredibly strong, so I was...
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Dow Suffers 300 Point Drop; S&P 500 And NASDAQ Also Tumble
Thursday, July 31, 2014 - 4:49pm | 3111U.S. stocks posted steep losses as investors had plenty to worry about. Unable to reach a last-minute settlement, Argentina defaulted on its debt obligations. Naturally, as a global economy, the credit of one country affects other countries worldwide. The Labor Department reported that U.S....
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5 Companies That Should Invest In Normal's Custom-Fit Earphones
Friday, July 11, 2014 - 12:21pm | 945Is Normal the new normal for earphone manufacturing? If the company's unique concept takes off, it could spawn an entirely new subset within this growing industry. Unlike Beats Electronics and other one-size-fits-all manufacturers, Normal is a startup with one goal in mind: to produce custom...
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Weekly Highlights: Sony And Microsoft Vie For Domination, LeBron James' Big Payday And More
Monday, June 16, 2014 - 12:46pm | 270During the first week of June, Apple (NASDAQ: AAPL) ruled the media with countless headlines. Last week, Apple took a backseat while Sony (NYSE: SNE) and Microsoft (NASDAQ: MSFT) took center stage, thanks to their presentations at the 2014 Electronic Entertainment Expo. Neither company...
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LeBron James' Off-Court Deal With Beats Reportedly Nets Him Over $30 Million
Thursday, June 12, 2014 - 1:15pm | 515One of journalism's cardinal sins is “burying the lede,” the act of putting a key piece of headline-making information too far down in a story. Some financial writers are wondering if a recent ESPN posting deliberately buried the lede – when it nonchalantly dropped a big...
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Weekly Highlights: Apple Confirms Beats Buyout, Microsoft Teams With Salesforce & More
Sunday, June 1, 2014 - 10:52am | 172May concluded with a bang after Apple (NASDAQ: AAPL), Microsoft (NASDAQ: MSFT), Salesforce (NYSE: CRM) and Google (NASDAQ: GOOG) made a handful of big announcements. Apple, of course, confirmed that it will acquire Beats Electronics. Microsoft and Salesforce teamed up for Office integration....
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Is Beats Developing Apple's Next Groundbreaking Device?
Sunday, June 1, 2014 - 10:45am | 477Apple (NASDAQ: AAPL) will pay $3 billion to acquire Beats Electronics this year. Many have wondered what Apple plans to do with a company that is mostly known for style and celebrities. Others have argued that Apple should have acquired Spotify instead. Before the official announcement was...
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Was Apple Smart To Buy Beats Over Spotify?
Friday, May 30, 2014 - 10:00am | 554Before the acquisition was official, it was easy to second-guess the rumor that Apple (NASDAQ: AAPL) planned to acquire Beats Electronics. Now that two entities have confirmed their intent to merge, investors will start to take a closer look at Apple's decisions. "Here, I will give some...
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Did Apple Just Spend $3 Billion On 'Mediocre' Headphones?
Thursday, May 29, 2014 - 3:15pm | 609Apple (NASDAQ: AAPL) made a stunning announcement Wednesday afternoon: the company confirmed reports that it planned to buy Beats Electronics. The $3 billion purchase price is a tad lower than expected, but it will still make Dr. Dre the world's richest hip-hop artist. "Music is such an...
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Apple Makes Monumental Beats Announcement
Wednesday, May 28, 2014 - 5:11pm | 440It's official. Apple (NASDAQ: AAPL) announced that it will be buying Beats Electronics and Beats Music for $3 billion, making it the largest acquisition in the company’s history. Perhaps more important than the $3 billion price tag is the announcement that Dr. Dre and Jimmy Iovine will be...
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Will Spotify's 10 Million Subscribers Scare Off The Apple-Beats Deal?
Friday, May 23, 2014 - 12:18pm | 608Apple (NASDAQ: AAPL) is still rumored to be interested in purchasing Beats Electronics. The deal was supposed to be announced a couple of weeks ago, but Apple has yet to confirm its intent to buy the company. On May 22, TechCrunch reported that the deal is likely to happen. A "well-placed...
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Weekly Highlights: Apple's Rumored 3D Printer, Apple/Beats Deal And More
Sunday, May 18, 2014 - 5:43pm | 203Is Apple (NASDAQ: AAPL) secretly working on an all-in-one 3D printer? That possibility proved to be one of the most interesting stories this week, but the rumor was overshadowed by continued reports that a deal between Apple and Beats Electronics was right around the corner. As of this writing,...
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Spotify Vs. Beats Music: Which Should Apple Acquire?
Friday, May 16, 2014 - 1:33pm | 743Apple (NASDAQ: AAPL) was expected to announce that it had acquired Beats Electronics for $3.2 billion this week, but that deal was reportedly put on hold. The unconfirmed merger is now expected to be announced during the week of May 19. That just happens to be the same week that Microsoft will...