Apple (AAPL) Moves to Trademark Four Additional Beats Stations
Get Alerts AAPL Hot Sheet
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 0.3%
Revenue Growth %: +10.4%
Join SI Premium – FREE
Apple (Nasdaq: AAPL) is looking to expand its streaming music prowess with Beats and the company has filed applications with the U.S. Patent and Trademark Office to secure trademarks for B2, B3, B4, and B5, along with Beats Two, Beats Three, Beats Four, and Beats Five.
Macrumors cites Consomac with today's news.
The applications are all pending review.
Apple's licensing agreements with record labels gives it the ability to create up to five additional radio stations like Beats 1 without the need to negotiate new terms.
Apple was also recently said to have begun registering domain names related to the expanded radio stations in various global markets.
Shares of Apple are down around 1 percent Monday.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- UBS Reiterates Neutral Rating on Apple (AAPL)
- Survey shows Apple is seeing a better-than-expected iPhone refresh cycle
- Beyond Meat ordered to pay $15.4M in trademark infringement case
Create E-mail Alert Related Categories
Insiders' Blog, LitigationSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!



Tweet
Share