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Wednesday, November 24, 2010 9:18:16 PM
Spotify has been in business for about one year... Kinda similar to MMX but really not comparable product wise to MMX none the less ...They have 500K paid subscribers and 10 million active users after 1 year and is only available in I believe 6 countries.
MMX takes the same path 500k X 15= 7.5m revenue paid subscribers.
10m X 1 download purchase @ .99 rounded 10m
Yellow pages Lots of Money
Other revenue...??? just with 2 your looking at 17.5m/year 1st year...
There are 1.2 million primary health care providers which also will need to be increased by 30-40% by 2014. That is just Doctors, PA's and NP. as of 2004 there were 2.9 million RN in the United States. I don't have a accurate number on Health system but for argument sake let say 50/state that's about 2500.
SREH Medical app- 2500x4200x99= Rounded 1 billion Market x 10% of the Market action= 100million/1st year...
MMX App- 10m apps X $$/app = Lots of money
I think Tony was way....Conservative just from my examples.
IMO
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