The Apple Beat: Does Dr. Dre's party video confirm that Apple is buying Beats?

Let Me Ride: Has Dr. Dre become the richest name in Hip-Hop because of an acquisition of Beats by Apple?

By Gadjo Cardenas Sevilla

The past 24-hours have been all about the rumor that Apple is buying Beats for a whopping US $3.2 billion. Speculation has gone through the roof and reactions to the supposed deal range from incredulity to sheer confusion. A video posted early this morning by Tyrese Gibson showing Dr. Dre, the man behind Beats, partying it up and announcing, "the first billionaire in hip-hop, right here from the motherf_____g West Coast!"

So unless Dre's won some otherworldly lottery, this exuberant display seems to lend credence to the rumour that Beats has indeed been acquired by someone for billions. A $3.2 billion acquisition by Apple would be the largest in the company's history, the largest by far. Some are saying there's no way Apple would pay so much for a company that makes headphones and who isn't really into technology.

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