[microtherion]

> Apple spent $3 Billion on Beats, it remains to be seen if they'll make that up in profit.

Apple made $17.5B in revenue in FY18 in "Other Products". A sizable chunk of that is bound to be headphone revenue (and homepod may also have profited from the Beats acquisition).

Given the healthy margins that Apple tends to have across all its products, it seems plausible that even under quite conservative assumptions Apple easily made a billion or so in profit from that segment. And that's not even counting Apple Music.

https://s22.q4cdn.com/396847794/files/doc_financials/quarter...

Disclaimer: Working for Apple in a non-fiscal, non-Beats related role.