Your Deadstock Yeezys Are Meaningless: Apple Buys Beats for $3 Billion

blame it on Meka May 28, 2014

CNBC has reported that, finally, Apple will acquire Beats By Dre for the originally reported $3 billion dollars. In the deal Apple will pay $2.6 billion in straight cash homie, and another $400 million in equity for the audio company.

After the announcement Billboard has reported that Jimmy Iovine will – predictably and understandably – leave his position as chairman and CEO of Interscope Geffen A&M to become an executive at Apple. I am definitely in the wrong business.

Now Dre can commence c-walking with Tyrese once again.