Hi Bob, whilst I appreciate the potential for design simplification, this will be a very substantial change from the iterative speaker improvements that go into the product development lifecycle for existing products. There is the potential for entirely new products and form factors that will drive volume in the longer term. These new products will also take time to develop, test and bring to market. I think that we are still at least 18 months away from major sales. That said, I am still in this for the long term and expect the share price to rise steadily as the interest in using this technology grows. I just don’t expect to see profits for a long time. That hasn’t stopped other tech companies from accumulating massive market caps, where they have a compelling product.
AKP Price at posting:
$19.00 Sentiment: Buy Disclosure: Held
(20min delay)