Luxury gold watches are usually not cast. They're forged from case shaped blanks, just like the ones that Apple showed in their video.
Major watchmakers start with a gold alloy made to their desired mixture, and cast into ingots. Then the ingots are pressure rolled into strips. After every half dozen or so compression passes, the gold has to be annealed (heated up to remove the work hardening caused by the rollers), and then the process repeats until the strip is down to the desired thickness.
Then multiple watch case blanks are punched out from the strip, checked for flaws, and sent to the actual watch case factory. So far, Apple does the same as everyone else.
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It's after that point, where Apple apparently diverges from the major luxury watch makers.
With other companies like Rolex, Swatch Group, Patek Philippe, the case blanks are cold forged into the proper shape. This causes a final work hardening, which is desirable both for strength and for better shine after hand polishing. This forging takes multiple passes, changing the die each time. It's labor intensive but produces a superior product.
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Apple, on the other hand, apparently does NOT forge their gold cases to give them more strength. Instead, in their video, they CNC machine the blank into the desired shape, a method which, while more automated, should make their cases WEAKER than the forged cases used by other watch makers.
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From "
Gold in Watchmaking", Lucien F Trueb