Apple's Beats Acquisition Still Just a Rumor

Episode 1084 (08:37)

Last week, word came out that Apple might be in talks to acquire Beats by Dre for $3.2 billion. That is still just a rumor, though, and there hasn't been any word on it since. Leo suspects this is some kind of publicity stunt for Beats. This would have been the largest acquisition Apple has ever made, and it wouldn't make much sense.