Apple to purchase Beats for $3.2 billion?

Apple is reportedly buying Beats Electronics, the audio equipment and music-streaming service co-created by hip-hop mogul Dr Dre.


According to The Washington Post the deal would come as Apple’s sales are flagging, a problem that stems from a lack of major new products that bring consumers to Apple stores, according to an investor note from Needham analyst Charlie Wolf obtained by Apple Insider.



Apple also faces intense competition from Microsoft, Google and smartphone maker Samsung.

It's also taking them years to bring something most Apple iPhone users want; larger cell phone screens.

There are rumors circulating via Apple suppliers that the iPhone 6 will be shown in September and will feature both a 4.7 and a 5.5 or 5.6 inch screen. Not sure why Apple insists on secrecy in this case as new, larger screens would be the silliest worst kept secret in the companies history.