Apple Inc. is paying slightly less than $500 million for the Beats
Music streaming service, and more than $2.5 billion for Beats
Electronics in its $3 billion deal, according to people familiar
with the matter.
The breakdown between the two portions of Beats Electronics LLC
offers insight into Apple’s thinking for the most expensive
acquisition in its history.
A person familiar with Beats said its 2013 sales totaled close to
$1.3 billion — all from the electronics unit that sells
headphones and other audio gear — and the company was profitable.
Beats launched its streaming-music service in January.