from a financial perspective they would assume one persons data is worth maybe 50$ a year (a random number) on top of maybe another 50$ in subscriptions they can sell. Assuming most such products service the business for up to 3 years, you are looking at an additional 300$ upfront that the business loses giving the data away to someone like Apple. Also the value gain from purely having such a business of subscriptions and data collection is probably another 100$ per customer. Thats close to 500$ for that thing.
Someone like Casio could just sell it for 500$ and collect their future cashflows right away. However, the customer turnout might be significantly less than 55$ they are selling it for.
So the only way to sell it for profit is to keep the data and make a subscription (which may or may not exist yet for Casio).
alt Hacker News
from a financial perspective they would assume one persons data is worth maybe 50$ a year (a random number) on top of maybe another 50$ in subscriptions they can sell. Assuming most such products service the business for up to 3 years, you are looking at an additional 300$ upfront that the business loses giving the data away to someone like Apple. Also the value gain from purely having such a business of subscriptions and data collection is probably another 100$ per customer. Thats close to 500$ for that thing.
Someone like Casio could just sell it for 500$ and collect their future cashflows right away. However, the customer turnout might be significantly less than 55$ they are selling it for.
So the only way to sell it for profit is to keep the data and make a subscription (which may or may not exist yet for Casio).