LIFX Sales, page-13

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Theupsanddowns

41 Posts.

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01/09/19

15:04

Post #: 40266964
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Originally posted by konameh: ↑

I think the 1.5m lights connected is the number as at 31 Jul 2019. This is the number that reach consumers' hand. Their last investor presentation mentioned they've sold over 2m lights to date (30 Aug 2019). It can be inferred that somewhere between 0 to 500k+ lights are stocked in stores worldwide as at today. We don't know how many of these 500k+ stocks were bought by consumers in August. Regardless, one thing for sure is that stores wont order more from LIFX if the products aren't selling like hot cakes. The next quarter will tell us more about the sales performance. But, I am very optimistic about the future of LIFX. The way they design the bulbs to connect to one another and to the internet is very impressive! It is unlike Philips Hue products which require a hub for managing the connections. If you have a background in engineering, you'll be able to see my perspective.

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first time poster long time holder off Bud. Super G why do you continue with such rage and why for so long ? I’m surprised that your allowed to continue on HotCopper. Youve made your point and also made some serious mistakes whilst investing you must be new to this game. More people lose than win it’s the game. Except it and move on. For those that hold good luck the future looks bright for bud and LIFX

BUD Price at posting: 3.3¢ Sentiment: Buy Disclosure: Held
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