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Apple on verge of buying headphone maker Beats for USD 3.2 billion

<p>A published report says Apple is orchestrating a USD 3.2 billion acquisition of Beats Electronics, the headphone maker and music streaming distributor founded by hip-hop star Dr Dre and record producer Jimmy Iovine</p>

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San Francisco: A published report says Apple is orchestrating a USD 3.2 billion acquisition of Beats Electronics, the headphone maker and music streaming distributor founded by hip-hop star Dr Dre and record producer Jimmy Iovine.

Beats headphones
The Million Dollar Headphones by Beats by Dr. Dre and GRAFF Diamonds on January 31, 2014. Pic: AFP

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