- 03-09-2015, 07:22 PM #26
Look at what I said. I didn't say the Watch would fail. I said the Watch Edition was ridiculous and not something attractive to those accustomed to spending thousands on watches. When people spend thousands on watches, they're getting more than just a different finish. That's completely different from the Apple Watch Sport and the Apple Watch Edition model of business, and so a comparison to what people were saying about the iPhone, iPad, etc. isn't quite valid. I was speaking specifically about the Edition and the likelihood of the high-end watch crowd embracing it.
- 03-09-2015, 07:34 PM #27
- 03-09-2015, 07:44 PM #28
- 03-09-2015, 07:47 PM #29
- 03-09-2015, 07:49 PM #30
- 03-09-2015, 08:51 PM #31
- 03-09-2015, 09:17 PM #32
- 03-09-2015, 09:25 PM #33
- 03-09-2015, 09:56 PM #34
Apple is doing the same thing with the Sport and Edition.
I don't honestly know if the Rolex-type crowd will get an Edition.... but I wouldn't be surprised if they did. After all, who says you can only have one 18K watch? Trust me, there are thousands and thousands who can easily afford more than one.
- 03-09-2015, 10:12 PM #35
- 03-09-2015, 10:42 PM #36
In the high end watch bracket, I own a Breitling Navitimer, a Rolex Oyster Perpetual, a Rolex Submariner and an Omega Seamaster and I WOULD NOT buy an Apple Watch Edition at all! Not even if I had a spare $10k just kicking around. All of my other watches have appreciated in value, I seriously doubt the Edition will.
- 03-09-2015, 11:20 PM #37
- 03-09-2015, 11:54 PM #38
Wowwww I had no idea the cost of luxury watches.
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- 03-09-2015, 11:58 PM #39
Simply put, this is the Smart-watch is for the 1%
- 03-10-2015, 04:52 AM #40
- 03-10-2015, 07:52 AM #41
Fine jewelry retains its value. This can't be said enough. These folks who buy a 40k watch know it's going to be worth that, if not more, later. It's considered a long term asset with a long useful life. The apple watch edition? It's an electronic device and I'd classify it as I would a computer with a short useful life. Very very few, regardless of income level, wants to throw away 10-20k.
It will be remarkable if Apple can convince enough people to buy the edition at those prices. It's a completely new category for Apple though. And most interesting is how they're using it to market the whole category and promote the idea of the Apple watch as fashion AND..get people to accept the prices of the steel watch. But it can backfire. I've seen a lot of resentment from even what I would consider apple fans who basically have been teased for months and had their hopes dashed. This isn't something they can hope one day to purchase...it's just forever out of their reach.
Will they resent Apple enough to switch to something else is the thing. For a company already seen as greedy, this didn't go over well. Apple basically just fired a nuke if you weren't quite sure before.
BTW... does anyone take Tim Cook seriously when he talks customer satisfaction ratings? Here he is from last year:
But what’s most important to us is that customers are enjoying their iPads and using them heavily. In a survey conducted in May by Changewave, iPad Air registered a 98 percent customer satisfaction rate, while iPad mini with Retina display received an astonishing 100 percent customer satisfaction rate.
And yesterday he said the iphones have a 99 percent customer sat rating. These numbers sound so unrealistic that it makes it very hard to trust anything else coming out of his mouth. It's better left unsaid IMO.
- 03-10-2015, 08:32 AM #42
- 03-10-2015, 09:34 AM #43
Last edited by Sammuel1973; 03-10-2015 at 05:46 PM.
- 03-10-2015, 11:23 AM #44
- 03-10-2015, 11:29 AM #45
- 03-10-2015, 11:45 AM #46
- 03-10-2015, 01:15 PM #47
I highly doubt the Apple Watch 1st gen will lose very much value. Just look at the first gen iPhone, keep it in decent condition, and you can sell it later. On top of that, I also doubt that it will be obsolete within the year. Apple purposely made the S1 powerful, I mean, they could have easily made it a 500 MHz piece of garbage, but instead it's basically a duel core 1 GHz. But the bands are ridiculously pricey. Some of them I kinda get, like the Milanese loop, but the link bracelet, in the words of the kids that go to my school "has no chill". In other words, it is way to expensive. That being said, I'm pretty sure we will see a price drop with the next model, or maybe before that
- 03-10-2015, 01:42 PM #48
- 03-10-2015, 01:51 PM #49
Yeah, he made a pretentious blog post about it a few weeks ago.
Don't hate me because I want the gold Apple Watch Edition to cost $10,000 | iMore
- 03-10-2015, 02:00 PM #50
I have to say that as someone who isn't actually interested in purchasing one of these things, I'm fascinated by the immediate reactions and the dynamics surrounding the apple watch as a whole. Apple has done a superb job in creating all the buzz and hype out of this.
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