HTC Sells Half Of Its 50.1% Stake In Beats

When the whole HTC and Beats partnership emerged I thought this was going to be a huge boost, and a huge step forwards for the Taiwanese company. Everyone loves music and no one does it better than Beats. Well apparently it didn’t work out as it was supposed to as HTC just sold half of its market share it had in Beats. Originally HTC bought 50.1% of Beats Audio but now they currently own 25.1% after their sale. 

Doesn’t really seem like anyone won in this situation as HTC now is slipping from one of the best Audio firms around right now and the stock of Beats also dropped 4 percent. HTC says they will continue to work closely with Beats but that’s likely just company talk and I would expect less red Beats logos on the back of your HTC devices.

Via Yahoo Finance

I started out as a Blackberry user and once that phone was stolen I went to Radio Shack looking at the HD2. Blackberry wasn't cutting it and admittedly I didn't know much about technology, or Android at that point so I looked at the phone with the biggest screen. I'm a media guy and I like to have it mobile. At that point the HD2 had a massive screen and that's exactly what I wanted. Immediately when I got there the manager talked me out of getting a windows device and talked me into Android. I didn't know much about CPUs, Android versions, or what a good spec sheet even looked like. I settled with the Samsung Sidekick and immediately began to hate Android. Probably from the ugly skin and the terrible specs that device had. I started looking how to make the device better and found XDA. That's when it all changed. I started learning about rooting, and flashing. From there I would go on to come across Android websites. How I found Land of Droid was through Twitter. I used #android once and John mentioned me asking if I would like to write for an Android blog. I was hesitant at first but I began to immediately love it. I am now a huge technology fan in all aspects not just mobile. Now when looking for a device I will now know that there are more to specs than a screen size.

Share This Post

Related Articles