How powerful is Google Trends for predicting revenue of Internet compaines? This is just one data point, but my previous prediction for Supercell's 2014 revenue was not far off.
Supercell's revenue for 2014 was 1.55 billion €, compared to my prediction of 1.7 billion €.
The next prediction I have my eye on is for the Apple Watch. Google Trends data suggests that the Apple Watch will sell well below what market analysts expect. While the launch of the Apple Watch did create some buzz on search engines, that quickly died out.
Another mobile games company from Finland is Rovio. If would be interesting to see if the correlation holds up for them as well. It's not looking good.
No comments:
Post a Comment