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....
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.
The Rolex President contains 23.265 grams of gold (excluding the bracelet).
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!
$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.
Gold is much denser than steel, plastic or whatever those other watches are made of, so you cannot compare those numbers just like that.
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.
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'm not sure what your point is.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.
Except he's as close to an insider as someone could be....
$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.
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.
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.
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.
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.
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 Grubers tech buddy has a hard-on for ultra-expensive watches? I mean, wake up. You know what Omega and Rolex DONT DO? And why they CAN sell their watches for so much? They dont 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 its a gold alloy, not solid gold. If its 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 wont be the volume model, but theyll 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). Thats 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 dont sell cheap versions of their wears.