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re: Apple purchases Beats Audio for 3.2b

Posted on 5/9/14 at 9:59 am to
Posted by baytiger
Boston
Member since Dec 2007
46978 posts
Posted on 5/9/14 at 9:59 am to
quote:


beat headphones are nothing but a fad
apple is the king of fads
Posted by RocketTiger
Member since Mar 2014
1110 posts
Posted on 5/9/14 at 9:59 am to
He didn't make $3.2billion. He owned 25% of the company. Not all the money goes to him.
Posted by SG_Geaux
Beautiful St George
Member since Aug 2004
77959 posts
Posted on 5/9/14 at 9:59 am to
You guys are missing something. I don't think they are buying beats for the headphones.

They are buying them for the streaming audio business.

Beats already has tons of licensing deals in place.

That means Apple doesn't have to start from scratch to get into the streaming audio business.

They are now in the business.
This post was edited on 5/9/14 at 10:01 am
Posted by Hu_Flung_Pu
Central, LA
Member since Jan 2013
22163 posts
Posted on 5/9/14 at 9:59 am to
quote:

Beats and other overpriced products such as Monster cables are despised by audiophile communities.


I'm the same way with watches.
Posted by Hu_Flung_Pu
Central, LA
Member since Jan 2013
22163 posts
Posted on 5/9/14 at 10:01 am to
quote:

They are buying them for the streaming audio business.


Yeah, I gathered that. I believe that streaming business is only popular because of the headphones though.
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.
Posted by VerlanderBEAST
Member since Dec 2011
18984 posts
Posted on 5/9/14 at 10:02 am to
quote:

Dre is a minority owner of the company (no pun intended). Wouldn't say this makes him a billionaire.
He already has a few millions so it might
Posted by SG_Geaux
Beautiful St George
Member since Aug 2004
77959 posts
Posted on 5/9/14 at 10:03 am to
quote:

I believe that streaming business is only popular because of the headphones though.


Its popular because of the Beats brand.
Posted by Hu_Flung_Pu
Central, LA
Member since Jan 2013
22163 posts
Posted on 5/9/14 at 10:06 am to
quote:

Its popular because of the Beats brand.


Same difference.
Posted by longhorn22
Nicholls St. Fan
Member since Jan 2007
42291 posts
Posted on 5/9/14 at 10:07 am to
damn thats huge
Posted by Green Chili Tiger
Lurking the Tin Foil Hat Board
Member since Jul 2009
47603 posts
Posted on 5/9/14 at 10:08 am to
Beats will now issue a new version every year and they will now cost at least double what they were.
Posted by StraightCashHomey21
Aberdeen,NC
Member since Jul 2009
125401 posts
Posted on 5/9/14 at 10:08 am to
quote:

It's all fad/hype with zero substance


Its a fad thats clearly going no where

quote:

But hipsters love showing off their headphones with b logo on it.



id say its more than hipsters
Posted by Bdog9090
Jackson, MS.
Member since Mar 2010
99 posts
Posted on 5/9/14 at 10:09 am to
Dre is apparently worth about 550 million. So even with minority ownership, he is probably now a billionare.


These headphones apparently cost 14 dollars to make. And beats is apparently bringing in 1 billion a year in revenue.
Posted by CaptainsWafer
TD Platinum Member
Member since Feb 2006
58333 posts
Posted on 5/9/14 at 10:11 am to
Nice.
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