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Title: Video: Meet Jimmy Iovine. Is this Apple's $3.2 billion man? Post by: HCK on May 11, 2014, 02:00:03 pm Video: Meet Jimmy Iovine. Is this Apple's $3.2 billion man?
In 14 minutes, Beats Music's co-founder offers his vision for what comes next after iTunes. <p></p> <p>FORTUNE -- Wall Street wasn't wild about Thursday's reports that Apple (AAPL) was prepared to spend $3.2 billion -- eight times the size of the 1997 acquisition that brought Steve Jobs back to the company -- to buy Beats Electronics' headset and streaming music business.</p> <p>"We are struggling to see the rationale behind this move," wrote Piper Jaffray's Gene Munster a few hours after MORE (http://tech.fortune.cnn.com/2014/05/10/apple-beats-jimmy-iovine/)<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=tech.fortune.cnn.com&blog=8466345&post=141924&subd=fortunebrainstormtech&ref=&feed=1" width="1" height="1" /><img src="http://feeds.feedburner.com/~r/fortuneapple20/~4/nUbdlfZeT3Q" height="1" width="1"/> Source: Video: Meet Jimmy Iovine. Is this Apple's $3.2 billion man? (http://rss.cnn.com/~r/fortuneapple20/~3/nUbdlfZeT3Q/http://tech.fortune.cnn.com/2014/05/10/apple-beats-jimmy-iovine/#commentshttp://tech.fortune.cnn.com/2014/05/10/apple-beats-jimmy-iovine/feed/atom/) |