Skip to content

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. Continue reading [https://www.hypebot.com/hypebot/2014/06/3-charts-show-why-apple-bought-beats-music.html]

Beats apple

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

beats

2. Music download sales growth is being destoyed by growth in streaming.

image from marketrealist.com

3. As mobile grows, Apple's seemless music expereince can help it maintain dominance.

image from marketrealist.com


Related articles

Apple buys Beats for $3 billion
Here's Tim Cook's internal memo explaining why Apple bought Beats for $3 billion
So What If Apple Paid $3 Billion For Bad Headsets? Shut it Haters! (Video)
Apple buys Beats for $3 billion