Beats by Dre headphones are overpriced. No shock there. But, the difference between how much you pay and how much they’re actually worth might make you reconsider.
The New York Times reports that according to headphone experts, a pair of Beats could cost as little as $14 to make. Yep, even while the cheapest price you can pay for a pair is $199.99, and the most expensive is available for $699.99.
While the numbers might make you feel like Dr. Dre has completely got one over on you, the report probably won’t do much to stop the company’s growth. And Dr. Dre will continue to laugh all the way to the bank, as he became hip-hop’s first billionaire when he and Jimmy Iovine sold Beats by Dre to Apple for $2.6 billion in 2014.
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