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re: Apple purchases Beats Audio for 3.2b

Posted on 5/9/14 at 9:52 am to
Posted by GaryMyMan
Shreveport
Member since May 2007
13498 posts
Posted on 5/9/14 at 9:52 am to
quote:

Wow, Dr.Dre makes 3.2b for some piece of shite overpriced product

Well he only owns 20% of Beats, so he'll only make $640,000,000. And Apple also wanted the streaming business that Beats is building so it wasn't all about the headphones.
This post was edited on 5/9/14 at 9:53 am
Posted by PuntBamaPunt
Member since Nov 2010
10070 posts
Posted on 5/9/14 at 9:53 am to
carlyle group put in $500M less than 12 mos ago and will make triple off it.
This post was edited on 5/9/14 at 9:54 am
Posted by RollDatRoll
Who Dat. Roll Tide.
Member since Dec 2010
12245 posts
Posted on 5/9/14 at 10:02 am to
I read somewhere where they sell these headphones for 200 bucks or so and it only cost like 20 bucks to make them. That's pretty good return on investment. Plus I think it had more to do with the streaming service as less people are buying songs from the Apple Store.
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