Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
Apple Inc (NASDAQ:AAPL) introduced over the ears headphones, the AirPods Max, for $549 on Tuesday and the hefty price tag for the multicolored headphones is proving to be difficult to stomach for many on social media.
What Happened: While some prospective buyers may be enamored by the headphone’s five colors or its 20-hour battery life, the steep price has left many disgruntled with the Tim Cook-led company.
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Twitter user @dolcedarks commented, “Insanity!! in the middle of a pandemic [expletive] $600 (probably with tax) earphones. Unbelievable.
Media veterans like Huffington Post editor Philip Lewis and CNBC editor Steve Kovach also took potshots at the California-based tech giant.
Me looking at the AirPods Max price pic.twitter.com/g1cS3xDbO2
— philip lewis (@Phil_Lewis_) December 8, 2020
"Sorry, I can't hear you. My AirPods Max automatically mute poor people." pic.twitter.com/SwDsPKNTKe
— Steve Kovach (@stevekovach) December 8, 2020
Why It Matters: Tech reviewer Marques Brownlee admitted on Twitter that he was saving his full thoughts on the latest headphones from Apple for an “in-person” review.
“But let’s just say I’m… skeptical they’ll pry me away from the Sony WH1000XM4’s that cost $200 less. But I would LOVE to be wrong,” said Brownlee.
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The barrage of criticism online also touched on how the AirPods were more expensive than even the newly-introduced PlayStation 5 console by Sony Corporation (NYSE:SNE).
$549. So AirPods Max or PS5? pic.twitter.com/RHk0pdd3nd
— Jonathan Morrison (@tldtoday) December 8, 2020
What are we doing Airpods Max or PS5? Let that sink in... pic.twitter.com/vmLfparMt7
— Danny Winget (@superscientific) December 8, 2020
YouTuber Zack Nelson, known as JerryRigEverything, compared the headphones's case to “$550 bikinis.”
So Apple is selling $550 bikinis now? pic.twitter.com/YpPUXqsV6R
— JerryRigEverything (@ZacksJerryRig) December 8, 2020
Even though the headphones’ retail price is a shocker to some, they are reportedly already commanding huge premiums on reseller websites like eBay Inc (NASDAQ:EBAY) and are listed for $849 to $1,199.
Price Action: Apple shares closed nearly 0.5% higher at $124.38 on Tuesday.
See Also: Apple Gets $200 Bull Case Target From Wedbush On Strongest Product Cycle Since 2014
Photo — courtesy of Apple.
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.