Apple-owned Beats Electronics, founded in 2006 by hip-hop producer Dr. Dre and record label owner Jimmy Iovine, is worth over $3.2 billion, and A new report reveals concern regarding its profit margins.
The big concern revolves around the price of a pair of Dr. Dre’s Beats by Dre headphones, a product that costs upwards of $450, which actually costs approximately $14 to manufacture.
The quality of Beats headphones has been in question since before this revelation, with TIME Magazine naming the brand as the second-worst headphone manufacturer in the marketplace last month.
Despite the questionable sound and build quality, Beats by Dre dominates the headphone industry, boasting a 27% market share and profits of £1.8 billion last year.
Source: All HipHop
【RGB LED Backlit】The rgb mouse mat has a true RGB backlit effect,there are 10 lighting…
Feast on all of the delicious offerings found in the world of Skyrim in this…
Supported Technologies: Supporting Nvidia DLSS 3, DLSS 2, ultra-efficient Ada Lovelace arch, full ray tracing,…
4.71138E+12 Item Weight: 1.5 kg Model Number: V513-274R Was £599.99 Now £534.98 Keep up with…
Intel’s new performance hybrid architecture integrates two core families into a single CPU, keeping everything in…
CPU-core: 8, # of Threads: 16, Base clock: 3.8 GHz, maximal Boost Clock: up to…