My First 7 Questions About This Apple-Beats Deal (Which, By the Way, I’m Not Assuming Is Happening)

TIME

When you hear that Apple may buy a well-known company, it’s dangerous to assume that it’s going to happen. Actually, based on history, the safest assumption is that the idea is sheer fantasy–there have been countless rumors of such acquisitions which, though always fun to speculate about, never amounted to anything.

With that out of the way: Matthew Garrahan and Tim Bradshaw of the Financial Times are reporting that Apple is “closing in” on a $3.2 billion deal to buy Beats, the maker of headphones and speakers (and a new subscription music service) which was co-founded by Jimmy Iovine and Dr. Dre. They say it’s possible it could be announced next week.

I’m not assuming that the acquisition is as real and close to being done as Garrahan and Bradshaw say it is–and even they stress that it could fall apart at the last minute. But even if you…

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