Apple could remain quiet on Beats deal thanks to SEC rules

TECHi's Author Chastity Mansfield
Opposing Author Appleinsider Read Source Article
Last Updated
TECHi's Take
Chastity Mansfield
Chastity Mansfield
  • Words 98
  • Estimated Read 1 min

Has Apple acquired Beats? The announcement has been rumored for this week but so far we have yet to hear anything. The question is, even if it did happen, will we learn about it? In a report by AppleInsider, it seems that even if the deal were to be finalized this week, there is a good chance Apple might not announce it. They are basing this on SEC rules which allows companies to choose whether they want to disclose their acquisitions, although this will depend on certain criteria, such as how significant the acquisition is to the company.  

Appleinsider

Appleinsider

  • Words 106
  • Estimated Read 1 min
Read Article

Apple has rarely issued press releases trumpeting new acquisitions since the landmark 1997 deal for NeXT that brought Steve Jobs back into the fold, and the company’s now-massive size could help it continue its silence even with a rumored $3.2 billion deal for Beats Electronics. The U.S. Securities and Exchange Commission, the regulatory body that makes the rules for publicly-traded companies, requires the public disclosure of any “significant” acquisition activity by a regulated company. For most companies contemplating a $3.2 billion acquisition, that disclosure would take the guise of a press release and the filing of form 8-K with the SEC. Apple, however, is not most companies. 

Source

NOTE: TECHi Two-Takes are the stories we have chosen from the web along with a little bit of our opinion in a paragraph. Please check the original story in the Source Button below.

Balanced Perspective

TECHi weighs both sides before reaching a conclusion.

TECHi’s editorial take above outlines the reasoning that supports this position.

More Two Takes from Apple Insider

Apple Robotics Is Set to Become Its Next Major Revenue Stream
Apple Robotics Is Set to Become Its Next Major Revenue Stream

Analysts from Morgan Stanley foresee Apple diving into robotics as its next big business, predicting this sector could generate about…

Spotify is accusing Apple of using its power to hinder its competition
Spotify is accusing Apple of using its power to hinder its competition

The problem with Apple releasing its own music-streaming service is that it now has to compete with existing services like Spotify…

The government’s legal war with the tech industry is far from over
The government’s legal war with the tech industry is far from over

The legal war between the government and the tech industry has quieted down in the weeks since the highly-publicized battle…

Future iPhones might have a glass casing instead of an aluminum one
Future iPhones might have a glass casing instead of an aluminum one

Apple is nothing if not a trend-setter, which makes it difficult for the company to continuously differentiate its products from the…