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15:17
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Originally posted by verce
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Exactly. If you crunch the hypothetical numbers, NUH is a pretty compelling story.(Source : Nick Hunn WiFore Consulting, London. November 2016) revenue of 1.28 billion.the prospect of billions of people having hearing difficulties when they still have thirty years of working life will have profound effects both in the workplace and society in general.it provides a seamless journey into using it as an Assisted Listening Device, potentially ten years before they might consider having a hearing test for a hearing aid. Once won, the customer will probably never be lost. Moreover, they are likely to update their device at a normal consumer replacement cycle, which is two or three time more frequently than that of a current hearing aid. If that happens, the potential for growth from 2020 onwards is enormous. (Source : Nick Hunn WiFore Consulting, London. November 2016) So what does this mean in a nutshell? By investing in Nuheara, you get a disruptive product (IQbuds) with a first mover advantage, that not only can steal market share from the smartphone market - but also encroaches on major hearing aid players like Cochlear (Market Cap 7 billion)
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Just a guess but the 420m of iPhone sales by 2020 is a cumulative sales number so to assume we can capture 1% of all iPhones sold to date is absurd. You'll need to look at annual sales and then work out your numbers.
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