Branding Expert Christopher Johnson Shares His Opinion on Apple’s Grand Plan for Beats Electronics
Apple recently announced that it was in the process of acquiring Dr. Dre’s Beats Electronics for $3.2 billion. Until now, Apple has been buying startups at a price lower than what they claim to be offering for Beats. Branding expert Christopher Johnson, CEO of Whitehorn Group in New York says, “Given the scale of Apple’s offer for Beats, it may become their biggest acquisition to date. Apple has historically bought companies that are largely unknown to consumers, who produce new technology that can enhance their products -- not existing consumer brands. So this is important and interesting