News

Beats by Dre Headphones Only Cost $14 to Manufacture

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

Ashley Allen

Disqus Comments Loading...

Recent Posts

Nvidia’s GeForce RTX 5090 Possible Price Revealed

According to a new report, the GeForce RTX 5090 GPU will be very expensive. It…

5 hours ago

AMD Krackan Processor with 6 Zen 5 and Zen 5c Cores for Budget AI Laptops Leaked

A new AMD processor in the form of an engineering model has been leaked in…

6 hours ago

SK Hynix Begins Production of First 321-Layer NAND Chips

SK Hynix has claimed to be the first company to mass-produce 321-layer NAND memory chips.…

6 hours ago

Trust Gaming GXT 609 Zoxa 2.0 PC Speakers

SOUNDS GREAT – Full stereo sound (12W peak power) gives your setup a booming audio…

10 hours ago

PowerA Wired Controller for Nintendo Switch

Special Edition Yoshi design Ergonomic controller shape with Nintendo Switch button layout Detachable 10ft (3m)…

10 hours ago

Logitech G Saitek PRO Flight Rudder Pedals

Fluid Motion: These flight rudder pedals are smooth and accurate that enable precise control over…

10 hours ago