Apple Most Likely Won’t Acquire Sonos, Because All the Parts It Needs Are Already Available; Previous Reports Have Named the Company as a Potential Buyer
Recent problems with a Sonos app update unleashed a wave of criticism that the audio speaker maker couldn’t recover from, leading to a major overhaul that saw its former CEO, Patrick Spence, forced to resign. With the company’s valuation now down to $1.7 billion, down from $5 billion…
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