In this letter, we consider the problem of directionof-arrival (DOA) estimation with one-bit quantized array measurements. With analysis, it is shown that, under mild conditions the one-bit covariance matrix can be approximated by the sum of a scaled unquantized covariance matrix and a scaled identity matrix. Although the scaling parameters unknown because of the extreme quantization, they do not affect the subspace-based DOA estimators. Specifically, the signal and noise subspaces can be straightforwardly determined through the eigendecomposition of the one-bit covariance matrix, without pre-processing such as unquantized covariance matrix reconstruction. With so-obtained subspaces, the most classical multiple signal classification (MU-SIC) technique can be applied to determine the signal DOAs. The resulting method is thus termed as one-bit MUSIC. Thanks to the simplicity of this method, it can be very easily implemented in practical applications, whereas the DOA estimation performance is comparable to the case with unquantized covariance matrix reconstruction, as demonstrated by various simulations.Index Terms-One-bit quantization, direction-of-arrival (DOA) estimation, multiple signal classification (MUSIC).