The parent _didn't_ say "It's hard to see Beats justifying a $3.2bn valuation". He said "It's hard to see Beats justifying a $3.2bn valuation without a significant part of that being the value of the brand", which is a completely different proposition.
> "How about reading entire sentences and posts before commenting?"
I did read the entire thing. I don't think the brand matters too much, my point was the profit they're making justifies the price regardless of the brand. And my point was address not specifically to the parent but to the point that the valuation can't be justified which I've seen in several places hence my first sentence: "I've seen this sentiment a few times".
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The parent _didn't_ say "It's hard to see Beats justifying a $3.2bn valuation". He said "It's hard to see Beats justifying a $3.2bn valuation without a significant part of that being the value of the brand", which is a completely different proposition.
I did read the entire thing. I don't think the brand matters too much, my point was the profit they're making justifies the price regardless of the brand. And my point was address not specifically to the parent but to the point that the valuation can't be justified which I've seen in several places hence my first sentence: "I've seen this sentiment a few times".