3 Charts Show Why Apple Bought Beats Music
Market analyst Puneet Sikka has been taking a look inside Apple's deal to buy Beats Music for a reported $500 miilion of the overall Beats purchase of $3 billion, from an investors point of view. Its a smart series of posts on Market Realist, but just 3 charts really tell the whole story.
1. Apple wants more streaming music market share
2. Music download sales growth is being destoyed by growth in streaming.
3. As mobile grows, Apple's seemless music expereince can help it maintain dominance.
APPLE + BEATS: Apple should cut all ties and run! Help stop it and sign.
http://www.ipetitions.com/petition/stop-apple-beats-acquisition