Beats Audio Sold To Apple For A Whopping $3 Billion
Many of you know Beats Audio as a company that is known for making excellent quality audio accessories and equipments. But Beats audio also has a top notch streaming service by the name Beats Music that has gained a lot of attention in the past few years. Apple with dropping sales graph for its iTunes has made a desperate attempt and bought entire of Beats Audio operations for $3 Billion.
Apple has accepted and revealed that its pay-per-tune service has not received the amount of attention that was anticipated.
Currently the Beats Music streaming service has over 110,000 paying subscribers and the Beats Audio division alone has a worth over $1 Billion so Apple will eventually get something out of this acquisition.
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