True but if they're the best people that might be the only way to get them. The company makes a lot of money so you have to take that into account - it's going to continue make a lot of money under Apple. I think enough that they could make that $3bn back in 5 years on headphone sales alone even if the streaming service didn't work out.
Edit:
>> "Right, it's still a profitable business regardless and I should have touched on that. But I don't want to see big tech companies acquire just for profit."
I agree. I don't think Apple was buying for profit. But when you're valuing a company the fact they are really profitable has to factor into the price. I read they made almost $1bn last year selling headphones so $3bn isn't a crazy valuation.
Edit:
>> "Right, it's still a profitable business regardless and I should have touched on that. But I don't want to see big tech companies acquire just for profit."
I agree. I don't think Apple was buying for profit. But when you're valuing a company the fact they are really profitable has to factor into the price. I read they made almost $1bn last year selling headphones so $3bn isn't a crazy valuation.