What do you guys think of the invite system with a lot of guys begging for invites and some selling on ebay ?
Seems to be too good to be true when they say things like
Not plan to make any money for two years: We are fine with not making any money on our smartphones for two years, to give more people the chance to experience the quality of our devices, and help uss build a name.
We're still thinking of ways in which we could become profitable in the future, and here are some of our current ideas:
- Accessories: We will not sell accessories at cost, and will keep a reasonable margin on them. If a customer buys accessories together with our device, we can earn a few dollars.
- Scale: Because our initial quantities are small, our hardware costs are quite high. Once we can sell millions of devices a year, the component costs will fall and we'll be able to have a slight margin on our smartphones without raising the price.
- Services: Providing services through software may be a long term solution to make some money. However, it's too early to think about it as these things require scale. This will only be interesting once we have millions of active users.
I think they are still making money off the device otherwise why would they really bother. Most phones don't cost that much to physically make (taking away R&D).
John from technobuffalo said it was the best phone he had ever used and considering that he goes through a lot of devices that to me says a lot.
(https://www.youtube.com/watch?v=QDeb_9qBwhs)