How many people remember that Beats was created by the same folks who brought us Monster cables? Only they got taken to the cleaners by the current management. This is the company Apple is (apparently) buying for $3.2B. It doesn't seem like a good cultural or strategic fit in any way.
http://gizmodo.com/5981823/beat-by-dre-the-inside-story-of-h...
Also, was it coincidence that Katie Cotton announced her retirement yesterday? I can't imagine what the press release will say...