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"Apple still has its eye on buying Beats, but the price tag for the deal appears to be coming down. \nThe New York Post reports hearing that Apple has cut its proposed acquisition price for Beats from $3.2 billion to about $3 billion. Even at the lower price tag, however, the Beats deal would still represent Apple's largest acquisition to date by far.\nSee also: Dear Apple: Drop Beats, Buy Spotify Instead\nReps for Apple and Beats did not immediately respond to our request for comment. \nAccording to The Post, Apple had not begun the due diligence process looking into Beats' business at the time the deal first leaked earlier this month. Since then, The Post notes the deal may have been hurt by a report that Beats' streaming music service has just 110,000 subscribers. \nBillboard also reported last week that news of the deal had leaked prematurely, before Apple had fully parsed through Beats' business. That report also noted that the deal may have been complicated by a video shared online that appeared to show Beats' founder Dr. Dre confirming the deal. \n\"Apparently, the Apple family near imploded with outrage when that video went up on Facebook of an \u2018excited\u2019 Dr. Dre with R&amp;B singer/former Coca Cola pin-up Tyrese,\" Billboard reported. \nFor all of those hiccups, though, these and other outlets report hearing that the deal is still expected to happen.\nHave something to add to this story? Share it in the comments."^^<http://www.w3.org/2001/XMLSchema#string>
<http://mashable.com/2014/05/28/apple-beats-deal-price-cut/>