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Technology Stocks : Apple Inc.
AAPL 277.96-0.3%Dec 8 3:59 PM EST

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To: Doren who wrote (169876)5/28/2014 8:18:34 AM
From: Moonray   of 213174
 
Rumor, rumor, rumor:

Apple cuts purchase price of Beats


Apple’s biggest deal in its history just got a little cheaper.

The tech titan is expected to announce its acquisition of Beats Electronics this week — at the slightly reduced

price of $3 billion, The Post has learned.

A report in the Financial Times earlier this month tipping the deal put the price at $3.2 billion.

That may have been the case but negotiations between Apple CEO Tim Cook and the company co-founded by

Dr. Dre were not helped by a leaked report that had Beats Music with just 111,000 subscribers to its streaming
service in March.

More at: nypost.com

o~~~ O

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