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05-09-2014, 07:44 PM
Wall Street on Apple's Rumored Beats Acquisition: Huh?
http://rack.2.mshcdn.com/media/ZgkyMDE0LzA1LzA5L2IxL3RpbWNvb2suNDE1YzQuanBnCnAJdG h1bWIJNTc1eDMyMyMKZQlqcGc/4b774142/152/tim-cook.jpghttp://rack.3.mshcdn.com/assets/feed-tw-df3e816c4e85a109d6e247013aed8d66.jpg (http://twitter.com/share?via=Mashable&text=Wall+Street+on+Apple%27s+Rumored+Beats+Acquis ition%3A+Huh%3F&src=http%3A%2F%2Fmashable.com%2F2014%2F05%2F09%2Fa pple-beats-deal-analysts%2F%3Futm_campaign%3DMash-Prod-RSS-Feedburner-All-Partial%26utm_cid%3DMash-Prod-RSS-Feedburner-All-Partial%26utm_medium%3Dfeed%26utm_source%3Drss)htt p://rack.1.mshcdn.com/assets/feed-fb-fdab25e3700868c9621fb03b7fd07c38.jpg (http://www.facebook.com/sharer.php?u=http%3A%2F%2Fmashable.com%2F2014%2F05 %2F09%2Fapple-beats-deal-analysts%2F%3Futm_campaign%3DMash-Prod-RSS-Feedburner-All-Partial%26utm_cid%3DMash-Prod-RSS-Feedburner-All-Partial%26utm_medium%3Dfeed%26utm_source%3Drss&src=sp)
Many on Twitter have expressed strong opinions (http://mashable.com/2014/05/09/twitter-reacts-to-apple-beats-acquisition/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial&utm_medium=feed&utm_source=rss) about Apple's rumored deal to buy Beats Electronics for $3.2 billion, but so far, Wall Street's reaction has been pretty muted
After multiple news outlets reported Apple is close to making (http://mashable.com/2014/05/08/apple-beats-deal/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial&utm_medium=feed&utm_source=rss) what would be by far its largest acquisition ever, the company's stock was down by just about 1% in early trading Friday
See also: Apple Buying Beats? It Isn't About the Headphones (http://mashable.com/2014/05/08/apple-beats-**t-headphones/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial&utm_medium=feed&utm_source=rss)
Walter Piecyk, an analyst with BTIG, summed up the sentiment of many analysts and investors well with the title for his investor **te (http://www.btigresearch.com/2014/05/09/beats-me/#more-45780) Friday: "Beats Me."
In his **te, Piecyk wonders whether the cool factor of the Beats brand does anything to help Apple's brand, which is frequently ranked as the strongest in the world. He also questions the success of Beats' streaming music service, which some have argued is Apple's key interest in buying the company. Read more... (http://mashable.com/2014/05/09/apple-beats-deal-analysts/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial&utm_medium=feed&utm_source=rss)
More about Apple (http://mashable.com/category/apple/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial&utm_medium=feed&utm_source=rss), Stocks (http://mashable.com/category/stocks/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial&utm_medium=feed&utm_source=rss), Beats (http://mashable.com/category/beats/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial&utm_medium=feed&utm_source=rss), Business (http://mashable.com/business/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial&utm_medium=feed&utm_source=rss), and Music (http://mashable.com/music/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial&utm_medium=feed&utm_source=rss)http://feeds.feedburner.com/~r/Mashable/~4/ut5fGp22VU8
http://rack.2.mshcdn.com/media/ZgkyMDE0LzA1LzA5L2IxL3RpbWNvb2suNDE1YzQuanBnCnAJdG h1bWIJNTc1eDMyMyMKZQlqcGc/4b774142/152/tim-cook.jpghttp://rack.3.mshcdn.com/assets/feed-tw-df3e816c4e85a109d6e247013aed8d66.jpg (http://twitter.com/share?via=Mashable&text=Wall+Street+on+Apple%27s+Rumored+Beats+Acquis ition%3A+Huh%3F&src=http%3A%2F%2Fmashable.com%2F2014%2F05%2F09%2Fa pple-beats-deal-analysts%2F%3Futm_campaign%3DMash-Prod-RSS-Feedburner-All-Partial%26utm_cid%3DMash-Prod-RSS-Feedburner-All-Partial%26utm_medium%3Dfeed%26utm_source%3Drss)htt p://rack.1.mshcdn.com/assets/feed-fb-fdab25e3700868c9621fb03b7fd07c38.jpg (http://www.facebook.com/sharer.php?u=http%3A%2F%2Fmashable.com%2F2014%2F05 %2F09%2Fapple-beats-deal-analysts%2F%3Futm_campaign%3DMash-Prod-RSS-Feedburner-All-Partial%26utm_cid%3DMash-Prod-RSS-Feedburner-All-Partial%26utm_medium%3Dfeed%26utm_source%3Drss&src=sp)
Many on Twitter have expressed strong opinions (http://mashable.com/2014/05/09/twitter-reacts-to-apple-beats-acquisition/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial&utm_medium=feed&utm_source=rss) about Apple's rumored deal to buy Beats Electronics for $3.2 billion, but so far, Wall Street's reaction has been pretty muted
After multiple news outlets reported Apple is close to making (http://mashable.com/2014/05/08/apple-beats-deal/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial&utm_medium=feed&utm_source=rss) what would be by far its largest acquisition ever, the company's stock was down by just about 1% in early trading Friday
See also: Apple Buying Beats? It Isn't About the Headphones (http://mashable.com/2014/05/08/apple-beats-**t-headphones/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial&utm_medium=feed&utm_source=rss)
Walter Piecyk, an analyst with BTIG, summed up the sentiment of many analysts and investors well with the title for his investor **te (http://www.btigresearch.com/2014/05/09/beats-me/#more-45780) Friday: "Beats Me."
In his **te, Piecyk wonders whether the cool factor of the Beats brand does anything to help Apple's brand, which is frequently ranked as the strongest in the world. He also questions the success of Beats' streaming music service, which some have argued is Apple's key interest in buying the company. Read more... (http://mashable.com/2014/05/09/apple-beats-deal-analysts/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial&utm_medium=feed&utm_source=rss)
More about Apple (http://mashable.com/category/apple/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial&utm_medium=feed&utm_source=rss), Stocks (http://mashable.com/category/stocks/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial&utm_medium=feed&utm_source=rss), Beats (http://mashable.com/category/beats/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial&utm_medium=feed&utm_source=rss), Business (http://mashable.com/business/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial&utm_medium=feed&utm_source=rss), and Music (http://mashable.com/music/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial&utm_medium=feed&utm_source=rss)http://feeds.feedburner.com/~r/Mashable/~4/ut5fGp22VU8