Apple confirms it will buy Beats for $3 billion

 The Million Dollar Headphones by Beats by Dr. Dre & GRAFF Diamonds

Apple on Wednesday confirmed the previously-reported acquisition of Beats Electronics for $3 billion. The deal will make Dr. Dre even wealthier.

And the $3 billion price tag for the headphone and streaming music company is also the equivalent of...


Beats Studio headphones.


 Apple ear buds.


Copies of Dr. Dre's "The Chronic" available on iTunes.


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