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.