I'm all about true and real fundamentals so this needs to be reiterated, thanks TimBob ...
I want to see the financials like everyone else, but that PR from yesterday is great news for all of us too.
Especially when they are launching a new product offering on a platform they hadn't fully supported previously. The Android market globally is huge, the fact that they didn't have a way to deliver content on Android was a big impediment to future growth. I'm not sure people grasp how big that announcement yesterday was.
- 1.4 Billion new potential revenue streams just opened up. - Publisher app sits in the Google Play store as a native app rather than in a 3rd party app such as Readr. - Publisher sets prices and keeps 100% of the revenue from sales of and within their app. - Pixel gets paid for the app creation, and I am sure they are making money on the ad sales within the apps as well.
Yesterday's PR is bigger than many people realize. Boom!