You are right that it's the subscriptions that bring in the money, however...
The vast majority of downloads will still be in the 30 day free trial period so it's impossible to say how many will subscribe. Given that it was only launched on the 19th(?) of April, only the installs from the first couple of days will have reached the end of the trial period.
I'm not sure you could extrapolate those across the thousands of subsequent installs, but using your numbers 50 subscribers from those couple of days would be a good result.
I wouldn't imagine we'll see subscriber numbers announced until this time next month at the earliest.
WGL Price at posting:
1.9¢ Sentiment: Buy Disclosure: Held
