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Apple Statement on Universal Music

Wednesday April 16, 2003 02:43 PM EST
Written by Arnold Kim

Mac News

In an uncharacteristic move, Apple released a statement today regarding the rumors of the aquisition of Universal Music. In a statement from Steve Jobs:

    Apple (Nasdaq: AAPL - News) has never made any offer to invest in or acquire a major music company. The press statements this morning attributed to Vivendi board member Claude Bebear are untrue, as Mr. Bebear has confirmed in a later report. Beyond these comments, we will abide by Apple's policy of not commenting on rumors.

Submitted by MacBoyX
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