Beats by Dre
Out of context: Reply #90
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stepson - here you go:
http://video.cnbc.com/gallery/?v…
There's more somewhere, all I could quickly find. He basically said what other analysts said - if you want music, buy Spotify or Pandora with Harmon for the hardware (which dominates that car market). It would cost more, but you would get far superior products with significantly more users.
To Clarify - they all thought the Beats acquisition was not a wise choice. The 'car' idea was that this is the future - control the car, the next frontier. Google is so far ahead there and Apple's Carplay isn't gaining much traction or fans.
Personally, I don't see much of a market in the home. Sure, Nest has some 'neat' products, but hardly true items of desire (and now that there will be ads, I am out). I don't care for a frig that tells me what food I should buy, etc.
So maybe they make something like Comcast and others have that you can control temp/lighting, and that's fine and I'd like it, but it is purely functional, no 'brand' needed. We'll see next week, but I don't get it, kinda like Apple is going from a highly desired, high end tech company to a generic commodity/fashion company.