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Even as Elon Musk calls philanthropy ‘very hard,’ everyday Americans gave a record $617 billion—despite feeling the squeeze over the cost of living

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Egg companies made $1.22 billion in profit off a $6 carton — now they’re buying their way out of a price-fixing case with 53 million donated eggs

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Meet the Zillennials: The luckiest micro-generation in the workforce, born between 1993 and 1998

1

Even as Elon Musk calls philanthropy ‘very hard,’ everyday Americans gave a record $617 billion—despite feeling the squeeze over the cost of living

2

Egg companies made $1.22 billion in profit off a $6 carton — now they’re buying their way out of a price-fixing case with 53 million donated eggs

3

Meet the Zillennials: The luckiest micro-generation in the workforce, born between 1993 and 1998
TechBeats

This stat will make you question Beats headphones forever

By
Benjamin Snyder
Benjamin Snyder
Managing Editor
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By
Benjamin Snyder
Benjamin Snyder
Managing Editor
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June 19, 2015, 4:07 PM ET
Inside An AT&T Inc. Store Ahead Of Earnings Figures
A pair of Beats Electronics LLC Studio headphones sit on display at an AT&T store in Washington, D.C., U.S., on Tuesday, April 21, 2015. AT&T Inc., the second-largest U.S. wireless carrier, is expected to release earnings figures data on April 22. Photographer: Andrew Harrer/Bloomberg via Getty ImagesPhotograph by Andrew Harrer — Bloomberg via Getty Images
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Beats headphones feel good when you put them on — nice, heavy and durable. But according to a new teardown and analysis posted on Medium, 30% of their weight comes from small metal objects meant to do little else except add heft.

The article, part of a series called “How It’s Made,” dismantled one a pair of $199 Beats headphones to discover the inner workings of the iconic brand’s gear. Avery Louie, an engineer at hardware venture capital firm Bolt and author of the piece, estimates the Solo headphones cost $16.89 in parts to make, while they’re sold for over ten times that amount.

But Beats are rarely embraced by audiophiles with a fondness for high-end sound equipment. Instead, the company’s products are more of a consumer status symbol. As Louie writes: “This is the power of brand. Dr. Dre and Jimmy Iovine have leveraged their personal backgrounds and a sleek design to launch a remarkable brand that’s become fundamental to music pop culture.”

Apple acquired Beats in 2014 for $3 billion. At its 2015 Worldwide Developers’ Conference earlier this month, Apple unveiled its new Apple Music streaming service, which is a modified form of the former Beats Music service.

About the Author
By Benjamin SnyderManaging Editor
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Benjamin Snyder is Fortune's managing editor, leading operations for the newsroom.

Prior to rejoining Fortune, he was a managing editor at Business Insider and has worked as an editor for Bloomberg, LinkedIn and CNBC, covering leadership stories, sports business, careers and business news. He started his career as a breaking news reporter at Fortune in 2014.

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