Thanks for replying Sandy. Subscription revenue has been increasing as a proportion of total revenue, but total revenue is stuck around that 10-15% increase per year. Subscription revenue is more desirable, but revenue is revenue. I guess there won't be much to see in the upcoming 4C, so we'll have to wait until the Q1 4C to get some sales figures for the new product. Don't get me wrong, I like the company, but if the current trajectory of 10-15% growth continues, it's hard to see how it will maintain such a high valuation.
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