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Apple to buy Beats for USD 3 billion

2014-05-29 08:31:00| Telecompaper Headlines

(Telecompaper) Apple has agreed to acquire the streaming music service and headphones maker Beats. As part of the acquisition, Beats co-founders Jimmy Iovine and Dr. Dre will join Apple. Apple is acquiring the two companies Beats Music and Beats Electronics for a total USD 3 billion, including USD 2.6 billion upfront and USD 400 million when Beats meets future targets. Beats Music will provide a boost to Apple's iTunes Radio service, enhancing the profile of the streaming music service and integrating with purchases on the iTunes store. The Beats headphones will be offered in more countries through the Apple Online Store, Apple's retail stores and resellers. Subject to regulatory approvals, Apple expects the transaction to close by September. 

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Apple Buys Beats Electronics, Beats Music for $3 Billion

2014-05-29 03:37:35| PC Magazine Speakers Product Guide

As part of the deal, Beats co-founders Jimmy Iovine and Dr. Dre will join Apple.

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Apple does $3 billion Beats deal

2014-05-29 02:00:00| Total Telecom industry news

Consumer electronics giant adds headphones company's founders Jimmy Iovine and Dr Dre to the payroll.

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Apple agrees to $3bn Beats deal

2014-05-28 23:23:59| BBC News | Business | UK Edition

Apple confirms it will buy headphone maker and music-streaming service provider Beats Electronics for $3bn (1.8bn).

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Zale (ZLC) Announces Quarterly Earnings, Beats Estimates By $0.15 EPS

2014-05-21 09:27:16| Jewelry - Topix.net

Zale posted its quarterly earnings results on Tuesday. The company reported $0.32 earnings per share for the quarter, beating the consensus estimate of $0.17 by $0.15, Analyst Ratings Net reports.

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