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Amar Bose To Donate Company To M.I.T.

timothy posted more than 2 years ago | from the holy-moley dept.

Education 275

MBC1977 writes with this eyebrow-raising news from CNN: "'The Massachusetts Institute of Technology announced Friday that [Amar] Bose, the 81-year-old founder of the sound system company that bears his name, has donated the majority of Bose Corp.'s stock to the school.' Very cool indeed!"

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275 comments

Midrange (5, Funny)

Wyatt Earp (1029) | more than 2 years ago | (#35988280)

Maybe they'll be able to get BOSE to make equipment that is testable for reviews and has some midrange.

Re:Midrange (1)

show me altoids (1183399) | more than 2 years ago | (#35988316)

I heard a while back that he was going to give the company away someday to charity, so not that big a surprise.

Re:Midrange (5, Interesting)

MoonBuggy (611105) | more than 2 years ago | (#35988438)

You probably didn't mean anything deep by it, but I find the choice to lump universities under the broad heading of 'charity' an interesting one. Although I think there's little better use for one's money than promoting education, my time spent at a (fairly well-regarded) American university seemed (to my godless commie foreign eyes) a surprisingly commercialised experience. It's clear just from looking at the campus that an awful lot of money is given back by alumni, and this action by Bose further confirms it, but I don't think I could ever get over the voice in the back of my head saying "What about all those times you tried to screw me out of every penny I didn't have?".

I applaud the efforts of people like Bose in giving something back, and I know this is something of a digression. It just seems odd, from my external perspective, that people are happy giving such vast gifts to organisations that treat their students in such a mercenary manner; or, I suppose, that organisations receiving such vast gifts still feel the need to squeeze their students so much...

Re:Midrange (-1)

Anonymous Coward | more than 2 years ago | (#35988496)

Speaking of education...

What are three things you CANNOT give a nigger? A black eye, a fat lip and an education!

Re:Midrange (2)

bromoseltzer (23292) | more than 2 years ago | (#35988536)

There are many ways to look at a university. It's about research, it's about federal funding, it's about raising money from alumni, it's about patent licensing and athletics, it's about recruiting faculty, promoting faculty, about running a big physical plant, internet pipes, etc. etc. Oh, and there are students, too. Teaching is just one of many things that happen there, not the most visible - even at places that claim to emphasize the student experience. Students do get to pay up to around $200K for the privilege of becoming alumni and then being asked to contribute cash. But a big research university actually loses money on every student. They'd be better off financially if they stopped admitting.

Universities, most of them, are non-profit corporations. You're right they aren't charities in the moral sense, but the US tax laws treat them as if they were. Pity the legislator who suggests repealing the their charitable tax deduction.

Re:Midrange (5, Insightful)

Russianspi (1129469) | more than 2 years ago | (#35988688)

I totally agree. My wife and I both graduated with BA's from Christian colleges. She had the typical college finance experience, with the school squeezing every penny that they could out of her, and then sending letters to her (probably for the rest of her life) asking for donations. She liked the school otherwise, but that (although typical) was/is irksome.

I, on the other hand, went to Moody Bible Institute [moody.edu] . It is a college that aims to prepare people to do full-time Christian ministry. Since most of these graduates wind up in fields that don't have great earning potential, they don't charge tuition. I'll repeat that: they don't charge tuition. It's not an easy school to get in to, (it's certainly not for everyone) and it is by no means perfect, but it was the right fit for me. (I'm a missionary, but I'm up late tonight doing some open source coding and getting distracted by Slashdot.) Anyway, Moody avoids charging tuition by having a profitable publishing house, as well as a radio station and broadcast media company. All of the profits that they turn from these (as well as some hefty donations) are what keep the financial wheels turning at the school. When I graduated in 2005, they estimated that for my graduating class, the waived tuition amounted to a $78,000 scholarship per graduating student.

I receive letters occasionally from Moody asking for donations, and these are MUCH more easy for me to stomach. I don't have much in the way of spare money at the moment, but if/when I have the means, supporting Moody is something I'd like to do. I appreciate my education, and the fact that I could get through it without taking out ANY student loans, and I'd love to help present that opportunity to others if at all possible.

Anyway, I realize that I'm on a tangent, but I think that Moody Bible Institute is as close to a true non-profit as I've seen any university be.

Re:Midrange (1)

bigstrat2003 (1058574) | more than 2 years ago | (#35988842)

My brother was pondering going there (although he wound up going to Northwestern College instead). I recall my dad saying, after visiting the campus with my brother, that it was in a rough neighborhood. Was it all that bad, in your experience? Just curious.

Re:Midrange (2)

gwstuff (2067112) | more than 2 years ago | (#35988736)

It makes more sense if you weigh the substantial tuition fees against what you get out of a university like MIT in terms of knowledge and the capacity to be successful. The people you speak of, Bose being an example, think the balance tilts towards the latter and try to even it out by giving back to the system. I find it admirable.

Re:Midrange (4, Informative)

MoonBuggy (611105) | more than 2 years ago | (#35988824)

A fair point, and it is admirable, but it's perhaps worth clarifying that I wasn't only referring to tuition (substantial though it is, the aforementioned godless commie government helped me out a lot in that regard) - I can't imagine living with a commercial loan of that size like so many Americans do, but it's straightforward and clear, it's like the sticker price on the education one receives.

The bit that was unexpected, the bit that really made me think "These guys are in it for the money", was the (sometimes petty, sometimes substantial) hidden costs enforced by university policies. All first years had to live on campus, in housing with rents a good 40%+ above other local options. Many housing plans came with mandatory pre-paid meal plans: distinctly average cafeteria food at rates that work out to $12/meal; an effort to donate all unused pre-pay meals to charity was deemed too costly to implement. Student run societies needed to go through bureaucratic approval in order to purchase food for events from any sources other than the university's private catering contractor. Not only did courses require $70+ textbooks, the campus book store tended to sell them at rates a good 20% higher than Amazon.

It's beginning to sound like I had a real problem with the place, and that's absolutely not the case. I learned a huge amount and there were parts of the American system that I would love to see adopted in England. It's just jarring to go in expecting a public service organisation, albeit one with a significant up-front cost, and instead find the administration to be treating you as a captive audience of customers.

Re:Midrange (2)

demonlapin (527802) | more than 2 years ago | (#35988752)

Although I think there's little better use for one's money than promoting education

Too bad that universities are largely in the business of granting degrees, not educating.

Re:Midrange (1)

artfulshrapnel (1893096) | more than 2 years ago | (#35988834)

I think MIT tends to be a bit better in this regard. Their undergraduate degrees aren't much more expensive than other universities despite their reputation, and their masters programs (at least in the tech labs like the Media Lab) are completely subsidized for their students. Students who get their courses of study approved and are accepted to the tech labs are not only given free tuition, they're actually given a stipend to support themselves on. Combine that with the tremendous amount of technology MIT has given back to the world, and I think you have a good case for their being a legitimate charitable organization... That said, the people at MY university were a bunch of tightfisted dickheads, and I thoroughly agree with you in general.

Re:Midrange (1)

Anonymous Coward | more than 2 years ago | (#35988396)

wat.. no no
it's
"No highs, no lows, must be bose"
or
Buy Other Sound Equipment

Unlikely (2, Informative)

Anonymous Coward | more than 2 years ago | (#35988414)

These are non-voting, unsellable shares.
MIT only gets the dividends.

Re:Unlikely (1)

Anonymous Coward | more than 2 years ago | (#35988636)

Nasty old Mr. Bose is up to his old tricks, then.

To Joe Sixpack, he sells equipment that sounds like it sounds good, though to the trained ear, it's clear it doesn't really sound good, no matter what it sounds like.

To Joe MIT, he donates shares in a way that seems like a gift of a company to a university, though to the trained banker, it's clear they're non-voting, non-sellable shares, and are only good for getting free money.

What a no-good scammer!

Misleading headline (4, Informative)

Josh Triplett (874994) | more than 2 years ago | (#35988286)

The headline makes this story sound more sensational than the reality. MIT doesn't get any control over the company, just a pile of dividend-bearing stock.

Re:Misleading headline (0)

Anonymous Coward | more than 2 years ago | (#35988304)

Just? That could end up being a big pile of cash...

Re:Misleading headline (1)

Bios_Hakr (68586) | more than 2 years ago | (#35988364)

Doesn't being a stock-holder also mean some control over the company?

Re:Misleading headline (0)

Jackie_Chan_Fan (730745) | more than 2 years ago | (#35988432)

According to other articles... MIT actually does get ownership. BOSE himself will still control the company's direction but MIT owns the majority of the stock but not enough to sell the company apparently.

Re:Misleading headline (0)

Anonymous Coward | more than 2 years ago | (#35988482)

here's the news article from MIT's website.

http://web.mit.edu/newsoffice/2011/bose-gift.html

MIT get majority ownership with no control.

Re:Misleading headline (0)

Anonymous Coward | more than 2 years ago | (#35988586)

Not unreasonable. If I built a spaceship from scratch and was near the end of my life I'd happily let some smart people ride along as long as I still get to drive it.

Re:Misleading headline (2)

omz13 (882548) | more than 2 years ago | (#35988902)

MIT get a donation of non-voting shares and they can live off dividends (if there are any). They are not allowed to sell them. They don't get control of BOSE, they don't get any say in how its run.

Christ, that was an enormous shit! (-1)

Anonymous Coward | more than 2 years ago | (#35988298)

It felt like a giant pinecone.

A sound decision indeed (2, Funny)

Anonymous Coward | more than 2 years ago | (#35988310)

I also wish MIT could open-source the designs and IPs of Bose for
the greater good of the audio world.

Re:A sound decision indeed (2)

larry bagina (561269) | more than 2 years ago | (#35988350)

Good idea. It will tell everybody what not to do.

No highs, no lows, Bose.

Mutually exclusive (1)

Anonymous Coward | more than 2 years ago | (#35988532)

So far I've read:

No highs, no lows, Bose.

and from another commenter:

Maybe they'll be able to get BOSE to make equipment that [...] has some midrange.

If I've read that right one of you is complaining that there isn't enough midrange, and the other is complaining that there is too much. Is there any consensus on what is 'wrong' with Bose sound... or is this just one of those pedantic arguments that audiophiles have while the rest of us just go and buy Bose equipment because it makes us perfectly happy?

Re:Mutually exclusive (2)

mcescalante (2013696) | more than 2 years ago | (#35988556)

Yes, audiophiles all love to argue about Bose's shortcoming with audio because their systems are greatly overpriced. I personally consider myself an audiophile, and I have no issue with Bose, although I wouldn't buy it as the system for my home theater / audio rig. It's just too damn expensive for the sound you're getting. Guarantee you could find 20 different opinions of what is wrong with Boses sound from audiophiles, all different.

Re:Mutually exclusive (1)

bzipitidoo (647217) | more than 2 years ago | (#35988940)

Yes, my impression of Bose is mediocre sound with high end price. It works, but it sure isn't the awesomeness their advertising makes it out to be.

I find putting bass speakers on a hard surface really helps. Had the subwoofer of a cheap 5.1 system (not Bose) on a carpeted floor, and all I did was slide some scrap plywood (about 3x4 ft) under it. Did wonders for clarity and sound projection. Can feel the board vibrating when you rest a hand on it. Haven't stumbled over an easy way to improve the higher ranges.

Re:Mutually exclusive (1)

PhunkySchtuff (208108) | more than 2 years ago | (#35988604)

Bose make some very good speaker systems. They also make some quite average-sounding speaker systems. They are all overpriced for what they deliver though, but the marketing behind them, and the sleek industrial design, makes sales for them.

Some of the high-end Bose stuff is quite good. Their midrange stuff is probably what was being referred to when mentioning no midrange.

Bose's more popular systems are the small coffee-cup sized satellite speakers and a large subwoofer. The satellites are great at producing high frequency sounds and the sub can generally put out more than enough bass for the system, but there's usually a lot of midrange sound missing. They are very carefully eq'd in store and set up in such a way that they sound as good as they can, and it's usually the abundance of warm and smooth bass that gets people hooked on them (along with the marketing)

Bose also do a vast amount of work that's completely unknown by the majority of the population - things like an experimental electromagnetic suspension system for cars - I've seen a video of what looks like a regular saloon car taking speed humps at a decent speed and the body of the car barely moves, it's all soaked up in the suspension. It's very heavy though and needs large amounts of power, which is why we're not driving around with it today, but aspects of it are working their way into production systems...

Re:Mutually exclusive (3, Interesting)

ChrisMaple (607946) | more than 2 years ago | (#35988912)

It depends upon the model. Speaking of speaker systems only, some used resonance to produce boomy base to impress the rubes, leaving inadequate response at deep base and low-mids.

Other speakers, particularly the long-time top-of-the-line 901s, used active compensation to extend the somewhat flat range as far to the high and low as practical. Bose used 9 cheap 5" drivers in each 901, with the result that decent response up to 20 kHz was impossible, as was low distortion and good response at 20 Hz. Due to the complication of having all those drivers and the active compensation box, A.G.Bose claimed (in the class he taught) that the profit margin on the 901s was actually quite small, and the claim seems almost reasonable to me.

Professional speaker designers at more reputable firms joke that Bose's slogan "better sound through research" should read "better sales through advertising".

The fact is that speakers that sound good in isolation appeal to large numbers of uncritical listeners, and that's where Bose does well. A competent critical listener, or someone in a position to A-B against similarly priced reputable brands, will find Bose lacking.

Re:A sound decision indeed (0)

Anonymous Coward | more than 2 years ago | (#35988356)

I also wish MIT could aggressively defend the designs and IPs of Bose for the greater good of the audio world.

Fixed that for you.

M.I.T. already has an $8 billion endowment. (0)

Anonymous Coward | more than 2 years ago | (#35988326)

Why not give it to a school or schools that actually need the money?

Re:M.I.T. already has an $8 billion endowment. (1)

Facekhan (445017) | more than 2 years ago | (#35988376)

I am inclined to agree with that. There are a lot of great universities out there. MIT and Harvard are among the ones with enormous endowments that still get hundreds of millions in donor cash that could probably be put to better use at schools with less name recognition.

Re:M.I.T. already has an $8 billion endowment. (5, Insightful)

Sulphur (1548251) | more than 2 years ago | (#35988398)

Why not give it to a school or schools that actually deserve the money?

FTFY

Re:M.I.T. already has an $8 billion endowment. (1)

Outtascope (972222) | more than 2 years ago | (#35988464)

Accepting the declaration that MIT doesn't "need the money" because of their endowment, I would say that the reason is that he is not an alumnus nor a professor emeritus of a school that "needs the money". I would argue, however, that there isn't a school out there that doesn't "need the money". Every school, now matter how wealthy or how prestigious has talented students in need that fall outside the range to which they can offer scholarships, or has exciting but risky research projects that do not get undertaken due to funds. I can't begrudge a guy for an act of altruism just because the beneficiary of that act is not as needy as my own school is. Besides that, MIT does as much if not more than any school I can think of to "give back". Dr. Bose and MIT, Thank You.

Re:M.I.T. already has an $8 billion endowment. (4, Informative)

ChrisMaple (607946) | more than 2 years ago | (#35988926)

Bose has a long relationship with MIT. For many years he competently taught a class on acoustics, using Leo Beranek's text.

Caltech (2)

RockoTDF (1042780) | more than 2 years ago | (#35988352)

Something tells me that using Bose equipment is going to be taboo at caltech in the coming years.

Re:Caltech (2, Informative)

Surt (22457) | more than 2 years ago | (#35988416)

No one at Caltech has to use Bose, they can build their own that are better. It's really just MIT that gets an improvement from upgrading to Bose.

Re:Caltech (4, Interesting)

FleaPlus (6935) | more than 2 years ago | (#35988534)

No one at Caltech has to use Bose, they can build their own that are better.

Curiously enough, there used to be a Caltech project class based on pretty much exactly that, although it's unfortunately no longer offered:

http://www.its.caltech.edu/~musiclab/ [caltech.edu]

As a bit of trivia, Caltech alum Bill Gross actually ended up founding GNP Audio [gnpaudiovideo.com] based on an engineering project he did as a student. He later went on to co-found, like, a gajillion other companies [idealab.com] .

Re:Caltech (1)

siddesu (698447) | more than 2 years ago | (#35988466)

Maybe someone can give them a bunch of Monster Cable stock, and they can get even?

Monster expensive? (0)

tepples (727027) | more than 2 years ago | (#35988624)

When Monster's component A/V cable for Wii is cheaper than Nintendo's, the "Monster cables are expensive" meme begins to sound less sustainable.

Re:Monster expensive? (0)

Anonymous Coward | more than 2 years ago | (#35988712)

Calling it a meme won't make it less true.
It's basically a legal con.

Re:Monster expensive? (0)

Anonymous Coward | more than 2 years ago | (#35988744)

6FT 4 in 1 Component Cable for Xbox 360, Wii, PS3 and PS2: $7.02

http://www.monoprice.com/products/product.asp?c_id=108&cp_id=10830&cs_id=1083007&p_id=5638&seq=1&format=2

Re:Caltech (0)

Anonymous Coward | more than 2 years ago | (#35988608)

A man settles into his first class cabin seat with and dons his new Bose noise cancellation headphones. Five minutes into the first movement of a Beethoven string quartet, the sound of someone loudly eating potato chips intrudes... not from one his fellow airplane passengers, but apparently from the audio stream itself. Then:

"So. You must have bought these expensive headphones expecting a truly superior audio experience." More munching sounds. "But that would only be possible if the company behind them hired first rate engineers, not muckers from a place like MIT."

Re:Caltech (1)

dtdmrr (1136777) | more than 2 years ago | (#35988906)

This changes nothing. Bose has been biased towards Masstech for decades. He was a prof there, and the company offered discounts to the students.

Nice, but not so nice (3, Interesting)

dachshund (300733) | more than 2 years ago | (#35988388)

MIT has done wonderful things for the world. As have many academic institutions. But this is as good a time as any to note that making large donations to an elite academic institution is a pretty ineffective way to use your money.

MIT is already well funded, and while this money may go to fund additional research, it may also just lead to a lot of pretty buildings going up. If you have the opportunity to donate, why not donate to a school that will use the money to dramatically increase the number of students it educates, or to a charity that sees the money directed into existing research initiatives that need it.

I'm sure the new Bose facilities will be very nice and the Bose family will have no problem getting into MIT for the next few generations. Nonetheless, it seems like a bit of a waste.

Re:Nice, but not so nice (1)

Vectronic (1221470) | more than 2 years ago | (#35988402)

Amar Bose [wikipedia.org] [quote]Bose enrolled at Massachusetts Institute of Technology, graduating with a B.S. in Electrical Engineering in the early 1950s.[/quote]

Far better than donating it to... (0)

Anonymous Coward | more than 2 years ago | (#35988470)

Far better than donating it to a church or other anti-intellectual organization. Just saying.

Re:Far better than donating it to... (0)

Anonymous Coward | more than 2 years ago | (#35988484)

Far better than donating it to a church or other anti-intellectual organization. Just saying.

Perhaps if you were a little more intellectual you would be aware that churches are not necessarily anti-intellectual.
http://www.vaticanobservatory.org/index.php?option=com_content&view=category&id=38&Itemid=145 [vaticanobservatory.org]

Re:Far better than donating it to... (0)

Squiddie (1942230) | more than 2 years ago | (#35988540)

Misleading people and promoting dogma of any kind is anti-intellectual. Didn't the Cathys have a bunch of paedophiles in their service?

Re:Far better than donating it to... (1, Offtopic)

MoonBuggy (611105) | more than 2 years ago | (#35988588)

Religious organisations almost invariably promote dogma over observable evidence - since you chose to bring up the Vatican as an example, perhaps you'd care to explain how their anti-condom policy, the history of misinformation surrounding it, and the increased incidence of AIDS for which it is partially responsible, is intellectually justifiable?

a task for MIT (0)

Anonymous Coward | more than 2 years ago | (#35988392)

Maybe MIT can do something to make them sound good.

Here's to hoping .... (-1)

Anonymous Coward | more than 2 years ago | (#35988404)

that maybe we can put this money to good use. Like funding *American* (not just foreign) PhD students. And, *gasp*, perhaps even a white male or two!

Re:Here's to hoping .... (0)

Anonymous Coward | more than 2 years ago | (#35988430)

Bose isn't exactly a WASPy name. Fat chance of that happening.

Re:Here's to hoping .... (1)

RockoTDF (1042780) | more than 2 years ago | (#35988518)

While I agree with the funding Americans sentiment, I still think think academia and graduate schools are pretty full of white males when you take said foreigners out of the picture.

Re:Here's to hoping .... (4, Interesting)

secretcurse (1266724) | more than 2 years ago | (#35988602)

I'm a white male starting my PhD in the fall and I'm getting more money from the state of Arkansas than a foreigner would because I'm an Arkansas resident. I also had my undergrad degree fully funded by a state scholarship (to the tune of around $80,000). My university is practically begging locals to pursue a PhD. My foreign colleagues generally have to pay full retail and don't get the federally backed student loans my wife is relying on for her AuD. By the time I finish my PhD, it's looking like my state will have paid somewhere in the neighborhood of $250,000 to educate me. I'm thankful for that and plan on living in Little Rock for the rest of my life so my taxes can help future students.

Bose quality (2, Interesting)

FTL (112112) | more than 2 years ago | (#35988420)

True story: An elderly gentleman walked into an electronics store in Toronto looking to buy speakers. The salesman showed him a couple of different models. The customer pointed at another set on the shelves and asked about them. The salesman said "Oh, those are Bose, they're crap." The customer was Amar Bose.

Re:Bose quality (0)

Anonymous Coward | more than 2 years ago | (#35988488)

So, what did the old customer buy?

Re:Bose quality (0)

Anonymous Coward | more than 2 years ago | (#35988498)

hey a salesman telling the truth.. not bad. bose might (I say MIGHT) have been decent in the 1970s..today they're hopelessly outdated.

Re:Bose quality (0)

Anonymous Coward | more than 2 years ago | (#35988566)

You can tell this story is fake because there is not a single salesperson at a single big box electronics store that would ever try to talk someone out of buying Bose.

Re:Bose quality (1)

Swarley (1795754) | more than 2 years ago | (#35988724)

Exactly. I cringe at Best Buy listening to sales people push monster cables, Dr. Dre Beats headphones, Bose speakers, apple branded versions of non proprietary equipment (like audio extension cables or AC to USB adapters), and pretty much anything made by Sony since 1995.

Re:Bose quality (1)

digitallife (805599) | more than 2 years ago | (#35988590)

I was in future shop and they did exactly that to me. I walked out.

Everyone is bad mouthing Bose, but they have damn good sound at a mid range price. All my friends love my little Bose system in my kitchen.

Re:Bose quality (0)

Anonymous Coward | more than 2 years ago | (#35988596)

This is either a brilliant joke or very depressing.

Re:Bose quality (-1)

Anonymous Coward | more than 2 years ago | (#35988692)

No, audiophiles are depressing. I wouldn't be at all surprised if it's shown (in three separate studies) that audiophiles all suffer from obsessive-compulsive disorder, addictive personalities, empty lives with nothing worthwhile to spend their money on. That OCD-AP-EL trifecta will become the diagnostic hallmark of the subtype of saddo known as 'audiophile'.

Go buy your one-way gold-plated ethernet cables and leave the rest of us alone to enjoy our moderately-priced, brand-name shit.

Re:Bose quality (1)

Swarley (1795754) | more than 2 years ago | (#35988756)

That's the whole point! Pretty much any similarly priced "brand name shit" is better than Bose. Audiophiles are people with more money than sense. But you don't have to be an audio snob to see that you can buy some serious gear with the $400 you spent on Bose equipment which sounds no better than $100 gear. The point is that Bose IS expensive gear, you just aren't getting any quality for it. You don't have to drop 10k to beat Bose in quality, pretty much anything costing more than $100 will do that. If you think suggesting people skip Bose and spend the SAME amount on dramatically better gear makes one a stupid over-fed audiophile, then you deserve your shitty speakers.

Re:Bose quality (1)

epyT-R (613989) | more than 2 years ago | (#35988920)

bose is moderately priced? no bose is insanely overpriced. they are the apple of the audiophile world.

Re:Bose quality (4, Insightful)

Swarley (1795754) | more than 2 years ago | (#35988684)

While the bumper sticker Bose trashing you've been hearing here is pretty much accurate, if you read serious reviews you'll find that the universal gripe with Bose isn't really their sound but their value. They don't sound bad so much as they sound just as good as equipment costing a third as much money, and they sound considerably worse than almost anything else you could buy at the same inflated price. So you're suggestion that they sound damn good at a mid range price seems like you haven't done much comparison listening. You basically hit a bullseye on Bose greatest weakness as a product and called it a strength. Spend 5 minutes with Google "best speakers for $X" where X is what you spent on those over priced Bose speakers and you'll find a giant pile of simultaneously better and cheaper equipment. Take the $350 you spent on pretty much anything Bose and get some Audioengine A5's instead.

Re:Bose quality (0)

Anonymous Coward | more than 2 years ago | (#35988836)

Yeah...they're just a folded horn speaker enclosure fer crying out loud. You can get the same sound with a couple of cheap 3'" speakers and a few feet of drain pipe. But I guess there are people that like sounds that seem to reverb through a tunnel.

Re:Bose quality (0)

Brett Buck (811747) | more than 2 years ago | (#35988870)

No they don't, they are garbage from top to bottom, the one exception being the noise-cancelling headphones, which work quite a bit better than their competitors.

      If you are talking about a Bose Wave, go get a Tivoli Model one, eats the way ALIVE.

Re:Bose quality (0)

Anonymous Coward | more than 2 years ago | (#35988896)

it might be alright, but you definitely overpaid for it.

I assume it's a donation to the business school (0)

Anonymous Coward | more than 2 years ago | (#35988428)

Because Bose is just a marketing company that long ago abandoned any actual sonic engineering.

Billionaire deaths (1)

Anonymous Coward | more than 2 years ago | (#35988514)

To any billionaires out there that don't know what to do with their money: set up a foundation, buy a record label, and release (as far as contractually possible) the entire catalog under creative commons, the rest under $0.01/song downloads. That'll give you some legacy! Bose will be forgotten in a week.

Re:Billionaire deaths (1)

Paradise Pete (33184) | more than 2 years ago | (#35988886)

buy a record label, and release (as far as contractually possible) the entire catalog under creative commons, the rest under $0.01/song downloads.

Who pays the songwriting and performance royalties? How do you calculate the amount? I think the way to really disrupt the recording industry would be to sell songs directly for ten or fifteen cents. That would enormously reduce pirating and help to topple the current out-dated structure.

There's nothing that defeats piracy like reasonable pricing. Nothing even comes close.

Very appropriate (0)

Anonymous Coward | more than 2 years ago | (#35988594)

Both put out products that are mediocre and overpriced, and have greatly overinflated opinions of themselves.

Meh! (1)

martin-boundary (547041) | more than 2 years ago | (#35988614)

Donations to MIT are so passé. Why not pick a random fast talking black kid from the Cambridge streets and give him that company CEO's job and house? Also, cancel all the previous CEO's credit cards and boot him out onto the street.

I bet the outcome of this experiment would surprise us all!

Re:Meh! (1)

ThorGod (456163) | more than 2 years ago | (#35988632)

I agree, it's very full of 'meh'.

So a big name school with plenty of funding is going to get a bigger, more funded name.

He would have been better off donating his company to a more needy university/college (or several).

Re:Meh! (0)

Anonymous Coward | more than 2 years ago | (#35988862)

Are you a fucking retard?

What has that black kid done to deserve the CEO's job? Fucking entitlement babies all around. If you want to be a CEO, go start your own damn company.

Re:Meh! (0)

Anonymous Coward | more than 2 years ago | (#35988898)

Are you a fucking retard?

No, he's friends with Mortimer and Randolph.

Re:Meh! (0)

Anonymous Coward | more than 2 years ago | (#35988894)

No surprise there, he'll squander it on crack and hookers. Duh!

An article with no sources (1)

Terranex (1500465) | more than 2 years ago | (#35988640)

Why are their no links to sources? I see the article but without links it's just hearsay.

Can't RTFA (3, Funny)

Paradise Pete (33184) | more than 2 years ago | (#35988814)

I see that slashdot has added a new feature of simply omitting any link, presumably for the e-z convenience of not RTFA.

A win for MIT's Marketing studies department? (1)

Quick Reply (688867) | more than 2 years ago | (#35988890)

Will MIT give the company to their Electrical Engineering or Management (Marketing studies) department?

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