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Re: Geo2014 post# 8145

Tuesday, 05/27/2014 5:18:16 PM

Tuesday, May 27, 2014 5:18:16 PM

Post# of 140474
Hey - so in this article, there is a small piece of confirmation to the question from the Annual Meeting.

It was discussed if the daVinci SP would be sold alone, or part of the bigger XI tool. This now confirms that it won't be sold alone, and instead, is a bolt-on.

Therefore the price advantage of Titan still stands.

Quote:

"The company stated in its Q1 earnings call that it does not intend to commercialize the da Vinci Sp system and it would be sold as part of the da Vinci Xi system. Although these products are expected to gain acceptance in the market gradually, we expect them to significantly contribute to sales in the next few years."