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Look, obviously we don't have sales data - I'm not oblivious to that fact, and I know it's early - the product just launched last week. The only thing we can ha
by askafriend 9y ago
Look, obviously we don't have sales data - I'm not oblivious to that fact, and I know it's early - the product just launched last week. The only thing we can have a conversation around is the general sentiment among the audio community and the general excitement about the product by people in the press, and various market analysts' proxies.
The perspective I'm trying to give you is just one of the product landscape in the market. If you're in the market for this type of device, there aren't many out there and the ones that are out there have significant flaws at any price point. Look at how successful Sonos is - there is clearly a market for this kind of device - at the very least you must see that. Then look at how large Apple's consumer base is and look at the recently reported numbers for the growth of Apple Music - their paid subscriber rate is about to eclipse Spotify's.
Right now, we can only have a conversation around proxies for reasons you pointed out, but all proxies indicate a high probability of at least moderate success.