Exactly and to address the other child comment, those $1k phones have hardware to render AAA games now. Google doesn’t realize they don’t actually have a sustainable audience. It’s sad.
I predict the audience will be huge. The audience for watching Let's Play's on Twitch and Youtube is enormous. I would be surprised if a significant portion of that audience doesn't convert when the barrier to entry is clicking a "play" button on Youtube.
It's not just the people with $1k phones: it's all the students who's parents got them a MacBook Air for college, and all the kids and teenagers who's parents won't buy them a console for Christmas. Not to mention markets where gaming hardware is several times more expensive than in the US or Europe.