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Term Sheet

Isaacson: Steve Jobs would have done Beats deal

By
Dan Primack
Dan Primack
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By
Dan Primack
Dan Primack
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May 30, 2014, 12:50 PM ET
The logo of Apple Inc. is seen outside the company's store at Covent Garden in London, U.K., on Friday, Oct. 14, 2011. Apple Inc. is poised to sell as many as 4 million units of its new iPhone 4S this weekend as customers around the world clamor for one of the last products developed under Steve Jobs. Photographer: Matthew Lloyd/Bloomberg
The logo of Apple Inc. is seen outside the company's store at Covent Garden in London, U.K., on Friday, Oct. 14, 2011. Apple Inc. is poised to sell as many as 4 million units of its new iPhone 4S this weekend as customers around the world clamor for one of the last products developed under Steve Jobs. Photographer: Matthew Lloyd/BloombergPhotograph by Matthew Lloyd — Bloomberg/Getty Images
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One of the rallying cries of those opposed to Apple’s (AAPL) $3 billion purchase of Beats has been that “this isn’t the sort of thing Steve would have done.”

Not true says Jobs biographer Walter Isaacson, appearing earlier this morning on CNBC.

Isaacson argues that Jobs and Beats co-founder Jimmy Iovine and Jobs had bonded over their shared love of music, and that Jobs would have been interested in adding Iovine’s “cool” factor to the company. “I think Jimmy is the greatest talent spotter now in the music and content business, so it feels like part of the DNA of Apple.”

When asked specifically if Jobs would have done the deal, Isaccson said: “Yeah. I don’t think he would have cared that much about buying the piece of hardware, the headphones, although he was the one who touted those headphones. He and Dr. Dre and Jimmy Iovine they’re are sending headphones out to all of their friends because they really care if you’re getting the bass right when you’re listening to the music.”

Here’s the video:

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By Dan Primack
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