From the archive: Why spend £1,000 on headphones? by Alex Hudson

Woman listening to headphones

Consumers are spending more than ever before on headphones. But what makes premium audio so expensive and does spending so much money make much of a difference? Smartphone manufacturer HTC is paying $309m (£190m) for a 51% stake in Beats Electronics, the company best known for its high-end headphones and partnership with rapper Dr Dre.Despite the electronics market being heavily hit by economic uncertainty, the most recent figures show that headphones are still showing 24% year-on-year growth in volume."

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