CDX 1.75% 5.8¢ cardiex limited

Wondering how much of a share of the profit Atcor would receive...

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  1. 380 Posts.
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    Wondering how much of a share of the profit Atcor would receive with each watch sold?
    Lets say Cardiex makes $2 of each watch sold this could add up quite quickly depending on how many units will be sold.
    Would love a deal with Apple, $1 for each watch sold would be ok for me.
    Considering this segment of the market is not what Cardiex is expecting the big $$$ to come from could still be a cash cow.

    The article below which is a good read estimates apple sold 43 million watches in 2020.
    Apple owns half the global smartwatch market today at 46 per cent.
    Samsung has 18 per cent
    Garmin 7 per cent
    while the remained 29 per cent is “other’ brands. The top-three brands make up 7 in 10 of global sales.”

    https://www.jewellermagazine.com/Ar...lation-10-years-on-from-the-first-predictions
 
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