On Thursday's episode of MarketFoolery, Chris Hill and Motley Fool Funds analyst Tim Hanson dive into some of the numbers circling around tech giant Apple's (NASDAQ: AAPL ) purchase of Beats By Dre. Seven months ago, HTC sold its Beats stake for about $260 million (valuing the company at about $1 billion). Today, Apple bought Beats for $3 billion in cash and stocks. With the company's last public reports showing 10% operating margins, Tim thinks Beats investors must be pretty happy.
Chris and Tim also explore Beats' past muddied partnership with HTC and the synergy between Apple and Beats. Tim has to ask, "Is Apple spending $3 billion here just to be cool?" Then, the guys look at the Beats brand and how this acquisition will impact the music landscape overall, including streaming music leader Pandora (NYSE: P ) .
Leaked: Apple's next smart device (warning: it may shock you)
Apple recently recruited a secret-development Dream Team to guarantee its newest smart device was kept hidden from the public for as long as possible. But the secret is out... and some early viewers are even claiming its everyday impact could trump the iPod, iPhone, AND the iPad. In fact, ABI Research predicts 485 million of these type of devices will be sold per year. But one small company makes this gadget possible. And its stock price has nearly unlimited room to run for early in-the-know investors. To be one of them, and see Apple's newest smart gizmo, just click here!