Friday, March 13, 2015

Market Capitalization Comparison: Oculus Rift

Price targets & ultimate valuations of the company and the stock.
Today's comparison: Oculus Rift.

Bought by Facebook for 2 Billion dollars.


MicroVision shares at 2 Billion: $44.94



Comparison to PicoP:

Both are display technologies. Oculus Rift is designed primarily for gamers. It does not allow (yet) interaction with the real world at the same time as with the image it generates.

PicoP technology allows large screen projection nearly anywhere. This technology enables a big screen display in your pocket.

Simplified Market size potential. 

I'm using a "simplified market size potential." There's great interest in keeping comparisons simple & meaningful. If we see all the details, we'd probably get lost in them.

Oculus: assume they sell one for EVERY game console sold: 11,500,000 (4/13-4/14)
PicoP: assume they sell to 10% of of smart phones sold: 130,000,000 (2014)

That would be market potential for PicoP technology 11.3 times more units than Oculus Rift.

MicroVision shares at 11.3 times Oculus: $507.86

Companies WILL pay for future earnings.  

This is why I have bought MicroVision stock and WILL be holding it.

Reference links:
Oculus Rift purchased by Facebook
Oculus VR

Game Console Sales 2013-2014

2,000,000,000 / 44,500,000 = 44.94

Oculus to Ship in early 2016 (new york times blogs)

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