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Apple buys Dr Dre's Beats Electronics for $3 billion

Apple will make the most expensive acquisition in its history, after confirming a deal to buy Dr Dre's Beats Electronics for $3bn (£1.78 billion).

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Upcoming Apple product line-up 'best in 25 years'

An Apple executive has said the company's upcoming line-up will be the "best product pipeline that I’ve seen in my 25 years at Apple", according to tech site Re/code.

Senior Vice President Eddy Cue was speaking after the technology giant confirmed its $3bn (£1.78bn) takeover of Beats Electronics, which includes both the company's flagship headphones and its music streaming service.

Dr Dre's Beats Electronics was rumoured to be dealmaking with Apple three weeks ago, but Apple didn't confirm this until now. Credit: PA

Cue also praised Apple CEO Tim Cook as a tremendous leader, rejecting claims that the company had had to “reset” after Steve Jobs' death in 2011.

Apple products rumoured to be in the pipeline include a refreshed Apple TV, large iPhones, an iWatch and a possible venture into health-related technology.

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