Intel Corp (INTC)

[drjohn]

but Apple wouldn't be the only large cap tech that overpaid for something large and useless...


When companies start overpaying for other companies, then they are in a bubble, it also tells us they don't think much of there own stock IMHO, facebook also comes to mind. It also tells us how vunerable they are in certain sectors. Apple has never been able to get any traction in streaming music and they hope beats will help them here, I don't think so, beats is not in the same leaque as spotify. Streaming video is dominated by Netflix, and net neutrality is no longer the case in the USA, the big ISPs got some big bucks from Netflix for the pipes. Google is pissing off the youtube crowd, not a good move google.