Coops mentioned earlier that we shouldn't expect to much of a financial benefit out of the mobvoi deal....it's more about the recognition of CDX technologies and collecting data. But crunching some numbers comes up with some quiet exciting figures Retail price expectations I guess will be more in the upper level...minimum 300 $ 3 - 5 % of this for every watch sold...lets say 12 $ per watch
The big question is how many watches they sell...but I would say at least 500000 units
This would be around 6 million $.....per Model
And we know already that there will be more models to follow..
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And then on top we get revenues from secondary subscription fees from the ARTY app...about 10$ per month, what will add up nicely as icing on the cake.
I think if you add up the revenue what could emerge under the mobvoi collaboration doesn't look to shabby at all.
For Coops it might look only like chicken feed this kind of money, if he says its not much of a financial benefit ( what I see different).....He must think in different dimensions I guess, taking on the big brands the likes of Apple,Fitbit and Omron...IMO
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Coops mentioned earlier that we shouldn't expect to much of a...
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Mkt cap ! $17.94M |
Open | High | Low | Value | Volume |
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3 | 314000 | 0.038 |
4 | 657100 | 0.037 |
2 | 263210 | 0.036 |
2 | 282142 | 0.035 |
Price($) | Vol. | No. |
---|---|---|
0.045 | 157414 | 2 |
0.050 | 100000 | 1 |
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