Everybody needs money. That's why they call it money.

From full global headquarters, this is Motley Fool Money.

It's the Motley Fool Money Radio Show. I'm Chris Hill joining me in studio this week

from Motley Fool Supernova Matt Argusinger from Motley Fool Income Investor James Early

and for a million-dollar portfolio, Ron Gross. Good to see you, Jents.

Good to see you. We'll break down the latest news from the retail industry, the sports industry,

and more actor, comedian, and bestselling author Adam Corolla is our guest this week.

And as always, we're giving an inside look at the stocks on our radar.

But we begin this week with a couple of big deals and Ron, let's start with Apple,

which is buying music company Beats Electronics for $3 billion in cash and stock.

Apple is now going to offer Beats Streaming, Music, Service, and Premium Headphones.

Apple's got the money, sure. They can spend whatever they want, but and will.

But does anyone expect this acquisition to really result in a lot of new revenue for them?

I do not. I think it's kind of much to do about nothing.

To be honest, I didn't even open my Excel spreadsheet to make any adjustments.

We'll see where it goes. They clearly spent this kind of money for the talent.

There's 500 folks over at Beats. Good people, obviously Jimmy Irving and Dr. Dre.

They want to do the streaming business right. Apple Radio has not been what they had hoped it would be.

They think finally Beats is one of the companies or the company that is getting this right versus Pandora Spotify and those folks.

And $3 billion is not a lot of money for Apple. It's weird to say, but it's not a big ticket.

James, did they just do it for the cool factor?

I think so. I mean, you have to wonder why couldn't Apple just do this themselves?

...