% | $
Quotes you view appear here for quick access.

Skullcandy, Inc. Message Board

you are viewing a single comment's thread.

view the rest of the posts
  • michaelsistowicz michaelsistowicz Feb 9, 2013 11:11 PM Flag

    Beats discounting

    Coffee. Yeah, there is little doubt they dominate the skate/ski/snowboard/motocross and extreme sport crowd.

    Andrus even stated in his exit interview a with the Wall Street Journal that was their target market and offered "Authenticity" to the brand. Focused on small retail shops.

    I think going forward the question is going to be what is their growth strategy as they clearly (IMO) do well in their target demographics.

    It's a 1 Billion Dollar market according to the WSJ with Beats dominating at 51% share, That would put SKUL at 30% (Based on 300 million sales). The only other one I can break out is Koss with 35 million or 3.5%. That would leve 15% for all other (Bose, Sony, Monster, Soul, Gummies, Logitech, Apple and a dozen more). I think the worldwide market is much more then 1 Billion and Beats doesn't own 51%....

    I believe that they will be tapping the gaming market, gaming sets, controllers, partnerships in action games. They will try to expand into the apparel market more as well.

    I'm itching to hear what Alden has to say going forward!

    Sentiment: Strong Buy

5.97+0.04(+0.67%)Jul 22 4:00 PMEDT