Category: Financial
- Published: 12 May 2014
- Written by Editor
By Rachel Fox - FoxOnStocks.com
It’s a good question, really…. Why does Apple want to buy Beats? Apple changed the entire music world with iTunes and iPods. Is Apple on the brink of changing the entire music world again with its potential acquisition of Beats?
Far be it from me to challenge Apple’s decision to want to buy Beats. It’s an interesting choice for many reasons. For me, the challenge is to take it all in and then decide what the impact will be on the stock prices of Apple and their competitors.
To accomplish that task, I’ve taken a look at iTunes’ download music competitors, as well as iTunes Radio streaming music competitors, Beats Music being one of them.