Apple Inc is close to buying headphone maker Beats Electronics for $3.2 billion, the Financial Times reported. The purchase of Beats, which also runs a streaming music service, would be the company's largest ever acquisition, the newspaper reported. It said the deal could be announced as early as next week. (r.reuters.com/cap77v)
Apple Inc. (Apple) designs, manufactures and markets mobile communication and media devices, personal computers, and portable digital music players, and a variety of related software, services, peripherals, networking solutions, and third-party digital content and applications. Shares of AAPL fell by 0.73% or $-4.34/share to $587.99. In the past year, the shares have traded as low as $388.87 and as high as $604.41. On average, 9931160 shares of AAPL exchange hands on a given day and today's volume is recorded at 8192193.
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