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Examples of him being wildly right?

I have nothing against Gruber, and like some of his observations. But as a guesser on specifics, he isn't any better than anyone else.

Except he's as close to an insider as someone could be....
 
The Rolex President contains 23.265 grams of gold (excluding the bracelet).

You should clarify. That's 23.265 grams of pure 24 karat gold. The president contains approx. 31 grams of 18 karat gold. Since we're discussing 18 karat gold it seems an easier and more appropriate number to use. That 31 grams is equal to approx. 1.1 oz (or 1 troy ounce).

It's interesting since that would equate to a little less than $1000 worth of gold (based on current 18k price of $900). That's a heck of a lot less gold than I assumed a President would contain. Of course the gold content may vary based on the style of the particular watch. It also puts a better perspective on the amount of gold we can expect in the case of the :apple: watch. I personally think between .5 oz and .75 oz of gold content is a safe bet for the :apple: watch case.

Of note, that article is a bit dated so Rolex may have increased/decreased it's gold content since then. For the purposes of forum discussion, I think it does provide a better baseline than pulling numbers out of our butts.:D
 
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I love all the people collectively losing their crap. You guys just don't get it. This is a new industry Apple is entering. Most of you weren't going to buy a solid gold watch before this announcement, and you wouldn't have after the announcement. But you're whining and complaining anyway. Just stop it—this is not a product you would ever buy. I suspect many of you are just upset because you usually buy the best iPhone, iPad, etc. Just get the stainless steel model and be happy. Personally I think it looks better anyway, but I'm not a flashy guy who needs to prove my worth or compensate for something. These rich guys can buy their piss colored watch and pad my AAPL stock, haha. To each their own.
 
I have a theory that the apple watch exists to keep users on the iPhone and dissuade them from jumping ship to Android. Think about it - you just spent so much money on an accessory to your iPhone, are you going to throw that all away by switching?

A legion of loyal consumers upgrading their iPhones every 2 years would lock in a steady stream of revenue for Apple!

Jumping ship to what ?
Lol.... Maybe the Apple watch would be just another reason for Android users to jump ship to iOS
 
10,000 is absolutely absurd for a apple watch that will become obsolete within a few years. I for one will not be buying an edition, maybe a sport if it's priced right though. I am beggining to think that I won't be apples target demographic even though I have multiple breitling's and two hublot that each cost me over 12,000. But they will last me 10 years not 2.
 
$20k buys you a new car or an Apple Watch. Are you ****ing out of your mind? How many of these does Apple think it's going to sell? The 1% is not that many people. Really doesn't matter I guess. Even if it was $49. I'm not buying one.

People going into the market for a 20.000$ car aren't Apple watch edition's target....
 
20k is NOT going to happen

You guys are insane. Where on earth does anyone come up with “Apple is going to compete against Rolex??” How can anyone in their right mind come to that conclusion? Just because they have a gold model watch? Just because Gruber’s tech buddy has a hard-on for ultra-expensive watches? I mean, wake up. You know what Omega and Rolex DON’T DO? And why they CAN sell their watches for so much? They don’t sell $350 versions of their watches. Period. It's called exclusivity.

The Edition is likely going to have less than an ounce of gold in it. The actual casing part of the watch is small and it’s a gold alloy, not solid gold. If it’s less than an ounce of gold the Edition would cost well under 1k to produce.

Apple is all about making gobs of money so they need to sell tons of these things. Sure, the Edition won’t be the volume model, but they’ll still want to sell a ton. That means it needs to be at a somewhat reasonable price-point for high-volume (think 1500-2000 tops). That’s still plenty expensive to be “exclusive.” I mean jesus, they're advertising the thing on their site with a white rubber strap and you think it's going to be 5k? 10k? 20k?!! Crack. You are on.

Hey, this is just my opinion, but I think the important part to remember is that ultra luxury brands don’t sell cheap versions of their wears.
 
Gold is much denser than steel, plastic or whatever those other watches are made of, so you cannot compare those numbers just like that.

Weight is Weight is weight.

2oz of gold weighs the same as 2oz of steel, or 2oz of plastic.

When it comes to mass, the makeup of the item is irrelevant, the same mass on earth will weight the same no matter what the makeup

What would you rather have land on you, 30 oz of feathers or 30 oz of brick,

Spoiler: they both weight 30 oz

now if you believe the Watch will weigh considerably more than 2 or 3 oz? I'd be surprised. it would feel very heavy on the wrist.
 
it works without an iPhone -- time, music, fitness tracking. GPS is only needed for route tracking, which I never do because I take the same routes. the difference in accuracy is minimal since I'm not at pro athlete.

as for being obsolete -- you're thinking tech, not jewelry. as jewelry it continues to do exactly what it did on the day of purchase. just like other jewelry and watches. it doesn't somehow become less than it was just because a newer one comes out.

From what I've got, it requires an iPhone even for app setup.
Fitness tracking without GPS is a joke.
As jewelry it will stop working in 3-5 years when its tiny battery will cease working. It DOES become less with the time.
 
You guys are insane. Where on earth does anyone come up with “Apple is going to compete against Rolex??” How can anyone in their right mind come to that conclusion? Just because they have a gold model watch? Just because Gruber’s tech buddy has a hard-on for ultra-expensive watches? I mean, wake up. You know what Omega and Rolex DON’T DO? And why they CAN sell their watches for so much? They don’t sell $350 versions of their watches. Period. It's called exclusivity.

The Edition is likely going to have less than an ounce of gold in it. The actual casing part of the watch is small and it’s a gold alloy, not solid gold. If it’s less than an ounce of gold the Edition would cost well under 1k to produce.

Apple is all about making gobs of money so they need to sell tons of these things. Sure, the Edition won’t be the volume model, but they’ll still want to sell a ton. That means it needs to be at a somewhat reasonable price-point for high-volume (think 1500-2000 tops). That’s still plenty expensive to be “exclusive.” I mean jesus, they're advertising the thing on their site with a white rubber strap and you think it's going to be 5k? 10k? 20k?!! Crack. You are on.

Hey, this is just my opinion, but I think the important part to remember is that ultra luxury brands don’t sell cheap versions of their wears.


Well this is just going off of what Gruber said and he seems to be pretty reliable. If they are going to sell it for 1,000-1,500 then they will have a hit but anything over 3,000 and they are crazy. Besides even if they did sell it for that much I want a luxury name on that thing. To me personally Apple is not a high end brand.
 
This is what I mean:

Image

I get what you are driving at, but if Apple's online advertising is to be taken literally, they will be selling ten configurations of the Sport (all five Sport bands colors in both watch sizes); 18 configurations of the Apple Watch (the black and white Sport band in both sizes, the black classic buckle in both sizes, the three other classic buckle colors in 38mm only, the three colors of leather loop in 42mm only, and the steel link in two colors and both sizes); and "six uniquely elegant expressions" of the Edition, though only five are actually pictured.

Total: 34 configurations. That's a lot, even with the odd omissions. Whatever they do with the actual pricing and availability, it's going to be fascinating (and it should also be said, no support can be found for Gruber's pricing argument).
 
Weight is Weight is weight.

2oz of gold weighs the same as 2oz of steel, or 2oz of plastic.

When it comes to mass, the makeup of the item is irrelevant, the same mass on earth will weight the same no matter what the makeup

What would you rather have land on you, 30 oz of feathers or 30 oz of brick,

Spoiler: they both weight 30 oz

now if you believe the Watch will weigh considerably more than 2 or 3 oz? I'd be surprised. it would feel very heavy on the wrist.
I'm not sure what your point is.

The Apple Watch Sport and the Apple Watch Edition will have the same dimensions, but the Edition will have greater mass. If you set 2 oz of aluminum, 2 oz of feathers, and 2 oz of gold side by side, they would all weigh the same, but the 2 oz of feathers would occupy a much greater volume.

The Edition Watch will feel significantly heavier on the wrist than the identically-sized Sport Watch.
 
Is the watch a sign that Apple's main concern is now aesthetics and brand marketing?

It's interesting that Apple appears to be going so strongly towards fashion with this. Apple-haters have long said their products are big on style but not innovative technically. With the iPod, iPhone, and iPad Apple has been--rather unquestionably--the innovator in those respective industries. Over the last few years though, probably since the iPhone 5, Apple's products have become stale and lost their lead over rivals. Perhaps focus on fashion is indicative that Apple is primarily concerned with other things beside technology.


Apple's brand, according to Forbes at least, is the most valuable brand in the world. They really can charge a premium for their products, and this may be their greatest corporate asset. Apple corporate execs may be looking to leverage their branding rather than relying on technological innovation for future profits.


I hope this isn't the case.
 
$20k buys you a new car or an Apple Watch. Are you ****ing out of your mind? How many of these does Apple think it's going to sell? The 1% is not that many people. Really doesn't matter I guess. Even if it was $49. I'm not buying one.

It doesn't matter if they sell that many if they're making $15k in pure profit on each one. The fashion industry is weird and the margins are amazing.
 
I have no idea if Apple will price the Edition high or low. In my opinion they shouldn't price it astronomically high, even if there is a comparable luxury watch market. People see someone with a Rolex and they either think: a) nice watch, or b) snob (I wish I had that kind of money to blow on a watch). Rolex can afford to have most people think their watches are overpriced because they're not selling ANY products to those people. Apple on the other hand primarily sells to middle-class consumers. Apple is better off with a disruptive price that draws people from luxury watch makers yet doesn't alienate their primary customer/fan base.

More importantly than all of our pricing speculation, when the heck are they having another media event?!
 
The people who buy multiple $10,000 watches do not visit this website. In addition, its a relative $ amount. To them, $10,000 is the same as $100. There really is no difference for them between spending that 100 and 10000
 
Short version: I know nothing, so I'll just randomly guess with no real logic behind it.

Remember back when people were SWEARING up and down that the iPad would be $1200 to start? They ended up looking like total fools.

..and Apple are just clever at letting the internet get carried away with the wild price speculation, then when they announce it a $2000, everyone thinks they are getting a bargain. Reminds me of those market traders..."I am not going to mention, $20,000, not even going to ask for...."

If they were to be $20K [ I dont think they will be], then their target market is not going to queuing around the block to get into an Apple store on launch day, in fact, no one with an inclination to spend that kind of money is going to expect to have to go into a Apple store to get one; and they certainly wont be buying them on the internet.
 
Most of you here are missing the point. The high price of Rolex and Cartier watches is a feature, not a bug. The price of luxury watches has almost no connection to the cost of manufacture. People buy them so that you'll know what kind of cash they have to splash around.

In fact, a lot of the target market might turn up their nose if the Apple Watch Edition isn't expensive enough. Rolex would never dream of putting their watches on sale, lest people speculate the only reason you could afford one is because you "got a deal".

And if it's a watch that's only top-of-the-line for a year, so much the better! What's better than being able to afford a $10k watch? Being able to afford a new one every single year.

This makes no sense at all to normal people, but this is how rich people operate. The Edition watch is for rich people, not normal people. It will be priced accordingly.

How many rich people do you know? Seems like you are pretending. The I'm rich, bitch crowd may enjoy this but people of true wealth will be smart enough to see that it's a $350 computer in a gold shell. Not to mention wealthy people are often very selective about where they spend money. It's how they become wealthy in the first place.

If this article is true, the Edition will appeal to those who once bought a Cadillac Cimarron.
 
The problem with pricing the gold watches that high is that this is still a gadget. Next year the $350 watch will have better specs and in my eyes be "better". They will need to
Have a trade-in program or upgrade program of some kind for this to fly.

My exact thoughts. This is an electronic device that could fail 2 or 3 years after purchase. What will your warranty do for you if it's only 1 year like most apple warranties? This watch needs to have at least a 5 year warranty standard with purchase for it to be even considered seriously.
 
Weight is Weight is weight.

2oz of gold weighs the same as 2oz of steel, or 2oz of plastic.

When it comes to mass, the makeup of the item is irrelevant, the same mass on earth will weight the same no matter what the makeup

What would you rather have land on you, 30 oz of feathers or 30 oz of brick,

Spoiler: they both weight 30 oz

now if you believe the Watch will weigh considerably more than 2 or 3 oz? I'd be surprised. it would feel very heavy on the wrist.

Oh for Christs sake, stop acting so smart on me, please. :eek:

You have no idea what your talking about. Neither do some other who have quoted me.

OK, lets take it step by step. It is obviously needed

1.) No one knows the exact mass of the :apple:Watch Edition
2.) The :apple:Watch Edition occupies roughly the same volume (or at least comparable) as the competing smart watches such as moto360 and Samsung gear
3.) Gold is much, much, much denser than either plastic or stainless steel
4.) If the :apple:Watch has the same volume as a Moto 360, it will weigh considerably MORE. Relative atomic mass of a gold atom is 196,67, compared to 55,85 of an iron atom (stainless steel is an alloy of iron, meaning it consists mostly of iron atoms, but includes lots of other elements such as chrome), which is almost 4x. The metallic bond length between atoms in gold is 288 pm (250 pm for iron), so iron atoms are slightly tighter packed, but far from enough to compensate for huge mass of a gold atom.
5.) If you still don't get it, I'll gladly recommend a course in physics/chemistry.
 
You guys are insane. Where on earth does anyone come up with “Apple is going to compete against Rolex??” How can anyone in their right mind come to that conclusion? Just because they have a gold model watch? Just because Gruber’s tech buddy has a hard-on for ultra-expensive watches? I mean, wake up. You know what Omega and Rolex DON’T DO? And why they CAN sell their watches for so much? They don’t sell $350 versions of their watches. Period. It's called exclusivity.

The Edition is likely going to have less than an ounce of gold in it. The actual casing part of the watch is small and it’s a gold alloy, not solid gold. If it’s less than an ounce of gold the Edition would cost well under 1k to produce.

Apple is all about making gobs of money so they need to sell tons of these things. Sure, the Edition won’t be the volume model, but they’ll still want to sell a ton. That means it needs to be at a somewhat reasonable price-point for high-volume (think 1500-2000 tops). That’s still plenty expensive to be “exclusive.” I mean jesus, they're advertising the thing on their site with a white rubber strap and you think it's going to be 5k? 10k? 20k?!! Crack. You are on.

Hey, this is just my opinion, but I think the important part to remember is that ultra luxury brands don’t sell cheap versions of their wears.

I agree with you totally. The real issue for Apple is that everyone of their watches is going to do exactly the same as each other, all based on a tiny $20 board and chip made in a Chinese sweatshop by Foxconn, put together in a matter of minutes. The movement in a Rolex can take several weeks to manufacture alone with hand assembly.
 
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