i'm sure jimmy iovene says i want to close this out, you get everything. don't forget they got the new market person and they know how much they can sell in beats because beats is the number one seller of headphones in their apple stores, but this is about the streaming service. don't forget that apple dominated with the one-step slun with the ipod, the itunes store, and they were about dominance, dominating in the i phone market, ipad market. suddenly the dominance philosophy is suddenly gone. apple's margins are usually north of 30% but they're losing market share around the world. the number one streaming service around the world is youtube. youtube dominates everything. spotify is making some inroads. apple is a day late and $3.2 billion short, okay? itunes's radio can't even compete with pandora. at least they seem to go into lapp. in countries besides america which pandora has not done. will they succeed. that's a different issue. if they do succeed, who cares if it's $3.2 billion. look at the itunes store. they had to make a move. they should have m

dre and music's mogul jimmy iovene. this video appeared on facebook. >> billionaire boyz club for real, homey. huh? physic fix your face. fix your face. oh, the [ bleep ] forbes list just changed. >> tyrese gibson. don't forget about dre. despite beatz popularity, dissing the deal saying it doesn't make sense with apple. then again, polaroid didn't evolve from the camara and sony not from the walkman. the company bought 24 companies in the past 18 months. regardless, the move is so 2014. apple buys beatz and the news is confirmed by a video on facebook. >>> move over facebook. here comes ali baba. commerce giant, filing for a $1 billion public offering in the u.s. don't let the number fool you. it's likely to go up. this ipo could be bigger than facebook's $16 billion offering. maybe even the largest ipo of all-time. it's time for the "buzz." 90 seconds on the clock. the reason we have yahoo! here, yahoo! is a huge stake in alibaba? >> more than 20%. had been a lot of excitement about what yahoo! cashing in on alibaba w

dre and jimmy iovene people probably know from american idol.pple apparently buying beats for an enormous ax of money, how much is apple wanting to ear phone head phone business which is doing well or is it more about the streaming, the online streaming music that beats has going and doing well where apple has sort of not done that well? question. this is a very odd purchase for apple. let's remember that apple makes in profits $3 billion about every month so it's not that big of a purchase from their point of view. on the other hand, apple is a company we look to innovate, and a company that has its own music streaming service. why are they spending $3 billion to buy a new one? that's why apple stock has dropped a little on the news. on the other hand, they may see numbers in the itunes store that makes then see what's to come. >> forbes says his net worth was $550 million. so as they were saying in that little individual joe we slowed earlier he will the first hip hop billionaire. bill wyman, it's always good to have you with the show may be o

the beats headphone is the center phone, founded by dr dread, and music mogul jimmie iovene.ht years since launch, it's lodged in pop culture. supported by musicians, celebrities and athletes, and driven by a savvy aggressive marketing campaign. it's so trendy that tech titan apple wants a bite of the action. >> a pair of beets head phones cost upwards of $150. it's set to deliver inferior quality. beats owns between 55 and 60% share of the lucrative market. it helps to explain why apple is reportedly offering 3.2 billion for the company. >> if the sale goes through, it would be apples biggest acquisition yet. a sign of what industry watchers say is an attempt to revise flagging sales. it operates a new and pop u laws dreaming surface, something apple has not had much luck in. >> beats is the coolst thing, they have a coolest executive. they have a great brand and rapidly growing consumer base for the hardware and digital subscription side. apple is trying to keep their own brant aloft as long -- brand aloft as long as they can. >> the deal will make bates dr dray, a milliona