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Ann: Market Update - Progress Report, page-251

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BobF

2,583 Posts.

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14/10/21

12:03

Post #: 56794408
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Originally posted by holdy65: ↑

Thanks Bob and Caredes

Could I talk automobiles for a minute.... I was reading about the latest RANGE ROVER SPORT last week and it has 24 speakers.... If we convert that to AKP ... I was supposing that the equivalent would be approx. 16 AKP chips per speaker ... that equates to 16 x 24 chips = 384 AKP chips per vehicle. I believe Fred has said in the past that they were aiming at $1 clear profit per chip. Does anyone else recall that?
In 2019, there were 100,000 Range Rover sports sold worldwide. IF AKP chips were in the cars that would be $384 x 100,000 = $38,400,000.00 per annum clear profit to AKP on one vehicle model.
These are great numbers. Am I missing something??? I presume my assumptions are wrong. In 2020, there were 500,000 Tesla's sold and 1.13 million Toyota Corollas.
Come on Fred... just one automotive deal to get us started!

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Whoaa! I think that is a massive overestimate of how many chips required to match conventional speakers. I would expect maybe 2-4 chips for a main speaker and more like 16 per vehicle would be more realistic. Go back and read the presentations on the AP website for better estimates.

Last edited by BobF: 14/10/21

AKP Price at posting: $25.70 Sentiment: Buy Disclosure: Held
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