Why the Beats / Apple Deal Depresses Me

By Joshua Kim. Why should the reported impending $3.2 billion purchase of Beats Electronics by Apple depress me? 
If Apple, a company with a market cap of over $500 billion (the largest in the world) and over $40 billion in cash, wants to spend a few billion on a hot consumer electronics brand why should I care?
Apple can afford to buy Beats, and who knows what new cool headphones or more robust competition for Spotify might emerge from the deal. Read more...