Valuation is in the eye of the beholder. $3.2B may sound a lot but you cannot put a price on "cool". Apples biggest asset is the brand - not the technology. It is buying into a very succesful brand's consumer reach. Beats has a coolness factor to it especially among the younger crowd. Beats came out of nowhere and took share away from stodgy Bose.
Drones are, in essence, flying autonomous vehicles. Pros and cons surrounding drones today might well foreshadow the debate over the development of self-driving cars. In the context of a strongly regulated aviation industry, "self-flying" drones pose a fresh challenge. How safe is it to fly drones in different environments? Should drones be required for visual line of sight – as are piloted airplanes? Join EE Times' Junko Yoshida as she moderates a panel of drone experts.