beats

So it’s true. Apple really did acquire Beats for $3 billion.  It’s Apple’s largest acquisition ever.

Noted New York venture capitalist Fred Wilson raised a few eyebrows earlier this month at TechCrunch Disrupt in predicting that Apple won’t be a top three tech company by 2020.  Because Apple is “too rooted to hardware” and not capable enough with the cloud.

Consider this acquisition a bullet point to that forecast.

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