A Fistful of Dollars-Opinion
posted on
Jun 30, 2015 01:01PM
Eight years ago the iPod music device accounted for the majority of Apple’s revenues. But on 29 June 2007 that was to change with the launch of the iPhone and, 10 iPhone models later, some 700m iPhones have been sold worldwide.
On this day eight years ago, the iPhone went on sale in the US and the history of technology was transformed forever.
In Apple’s most recent Q2 financial results in April it revealed that iPhone sales brought in US$40.3bn in revenue, with some 61.1m iPhones sold during the quarter.
Today, the iPhone, the iPad, Mac and iTunes provide the majority of Apple’s revenues.
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Its true, the consumer electronics vertical is large and lucrative. One must only look at some of the earnings posted by these Goliaths of industry to denote that. But what price would one individual, one corporation, one industry pay for not only the next great thing, the next big thing, but the next big thing that could become several big things in several industries ?.
What value would be placed on a transporter that could disassemble or atoms in one place and reassemble them in some far off preset destination ? Without issue, without time lag, without ....weight loss even.
Okay so a bit far ahead of the curve. But you maybe get the picture. Akin to say our man Thor from the "BC" comic strip when he invents the wheel and the next day invents the frame, the transmission, the engine, the propellant, the glass shields.....etc etc. Great innovation usually comes from a single seed. As with creation of the home rpinter then came the home printer/scanner/fax machine .....and now 3D printing. Imagine if you will, the revenue trails possible from one single idea using POET as its core.
Imagine the product chain and the creative ocean of ideas that would flower from a single product or even chain of products, again, around a heart of POET. Imagine a revenue stream, like a vine, with constant off shoots into other products, creating multiple revenue streams off of one core idea. If you think that we are the opnly ones discussing this, think again, your favorite conglomerates are waaaay ahead of us. No doubt those who have asked to view under NDA the initial heart of the discussion, are, were and will be no doubt transfixed by what X10 potential there is within the original device. A product and technical designers dream, POET will open doors and revenue streams unheard of in previous business history.
An example being something akin to this. Say you were the inventor of the globak phenomena, Angry Birds. It spawned all manner of spin offs....right back to the analog world in the form of coloring books, and lunch kits. Now lets say not only were you the owner of the game, the spin offs, but for some provocative and preferential reason, you owned 1/3 of the shares of the cell phone maker who had exclusive rights to the product on their handset, not only that, you owned the program that controlled the what apps could be run on those phones. Earnings multiple on multiple, revenue stream upon revenue stream.....thats what you would have.
My friends......thats what POET will have......