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Apple’s Beats Music Deal Seen as Key to Bolstering Declining iTunes Revenue Momentum

Posted on May 28, 2014 by

Apple reportedly is close to inking a deal with Beats Electronics for $3 billion, an acquisition that Morgan Stanley analyst Katy Huberty believes is important if Apple wants to further monetize its 800 million iTunes user base and boost revenue in its increasingly important online services division. Apple’s […]

Read the original post by Kelly Hodgkins

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