Does Apple own Bose? (all you must know)
Apple is one of the largest companies in the world and has owned or acquired multiple companies over the years. So you might be wondering: Does Apple own Bose?
Well, if you’re interested in an answer to that or other related questions, read on for my findings on the subject!
Will Apple own Bose in 2022?
Apple won’t own Bose in 2022. In fact, when Apple acquired Beats by Dre, it put Apple and Bose in direct competition in the headphone market. However, many people mistakenly believe that Apple does own or acquire Bose, but there is currently no connection between the two companies.
Are you looking for more information, like does Apple sell Bose products? If so, don’t stop reading because there’s so much more you need to know!
Is Bose part of Apple?
Bose is not part of Apple, nor is there any connection between the two, other than the fact that they both sell headphones to consumers.
Instead, when Apple bought Beats in 2014, it pitted Bose and Apple against each other in the headphone market.
Does Apple sell Bose products?
Apple no longer sells Bose products and has removed Bose from its brick-and-mortar stores and removed Bose from its online store.
In addition, Apple has removed other brands and stopped selling them in stores, including Sonos and Logitech, to entice consumers to buy Apple-branded audio products or buy Beats.
However, Apple issued a statement saying that whenever changes are made, third-party accessories it carries will be regularly replaced based on customer needs.
Who owns Bose Sound?
Bose Sound is primarily owned by MIT, which owns the majority of Bose.
Additionally, in 2011, Bose founder Amar Bose donated his private stake in the company to MIT.
That’s because MIT is his alma mater, where he’s been a professor for nearly 50 years.
Subsequently, this move by Amar is the reason why MIT eventually became the majority shareholder of Bose.
Is Apple working with Bose?
In the past, Apple did partner with Bose to produce products for consumers, such as the SoundDock released in 2004.
Before that, Apple and Bose collaborated on another project in 1997, the Acoustimass speaker system.
Will Apple buy Bose?
It seems that Apple will not buy Bose in the future, because MIT owns the majority of Bose shares, and the two are in direct competition in the headphone market.
Also, aside from an April Fool’s joke in 2018 that Apple bought Bose, there are no real reports or rumors about Apple buying the company.
However, that doesn’t mean MIT won’t start negotiations with Apple about buying Bose at some point, but we don’t think that’s likely under the current circumstances.
Why doesn’t Apple buy Bose?
Apple doesn’t need to buy Bose because it makes its own audio gear and gear, including the AirPods, which are popular among iOS users.
Not only that, but Apple acquired Beats in 2014, so Apple has both its own brand of headphones and audio equipment and the Beats brand to keep up.
Apple, for example, has been investing in and releasing products for Beats, and despite the slow pace of new Beats product releases, Apple plans to keep Beats alive.
Will Bose go out of business?
In 2020, Bose announced that it would close brick-and-mortar stores across the U.S. and instead focus on the online shopping market.
However, that doesn’t mean Bose is going out of business or closing the doors for new products, but is moving away from brick-and-mortar stores as consumer needs and demands change.
To learn more, you can also read our posts on whether Apple owns Beats, whether AppleCare is worth it, and whether Apple Pay is safe.
in conclusion
Apple doesn’t own Bose and has no plans to buy it since Apple bought Beats by Dre in 2014. So this puts Apple and Bose in direct competition in the headphone market.
In addition, MIT is a major shareholder in Bose, and founder Amar Bose donated his private company shares to his alma mater, MIT. However, an April Fool’s joke in 2018 was made with the headline of Apple’s acquisition of Bose, which is why there was confusion.
