As had been previously rumored, Apple was expected to buy Beats to the tune of $3.2 billion, and after all of the due diligence had been completed the end result was that Apple would be buying Beats for $3.0 billion. The deal is being broken up into $2.6 billion in cash and $400 million in stock, which may end up valuing the deal even more if those who get stock decide to hold on to it and Apple’s [AAPL] shares continue to rise. According to Apple’s own CEO Tim Cook, “It’s all about the music.” Ultimately, Apple is buying a competing service to iTunes Radio
