Not sure what you are doing or why for that matter but we do know you are incorrect. The Edition cases (all components) weights 55g & 69g.
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Anyone in here buying the edition Apple watch?
- Thread starter Locoboof
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Not sure what you are doing or why for that matter but we do know you are incorrect. The Edition cases (all components) weights 55g & 69g.
PLEASE do this. Because I will literally laugh for days when you realize you're going to be out a lot of cash.
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Couple of things:
1. What's to debate? According to people here, anyone who can afford the Edition WILL buy it without a second thought. So you're either proving them wrong, or you don't really have the money for it. Can't be both, according to these geniuses.
2. 30-40k? Thanks for the Sunday morning laugh.
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Couple of things:
1. What's to debate? According to people here, anyone who can afford the Edition WILL buy it without a second thought. So you're either proving them wrong, or you don't really have the money for it. Can't be both, according to these geniuses.
2. 30-40k? Thanks for the Sunday morning laugh.
Those watches will sell. Absolutely. You're going to be surprised at what some people choose to spend their money on.
I would not buy one for myself. That's more than I think is reasonable for my personal use of a first gen smart watch.
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I don't think anyone is saying that everyone that can afford it will buy it. That's a ridiculous assertion.
I think people are saying that there ARE buyers for this watch.
Just like every other high-priced gadget since...EVER.
Then PLEASE buy some to re-sell. It's a sure thing!!!
And no, sorry. The people of this forum have made themselves clear. If you have the money, and you want an Apple Watch, you WILL buy one of these. It's fact. But we do agree on gadget. That's what this is, and nobody is going to be spending 40k on a gadget with less computing power and functionality than a mobile phone (not to mention it'll be useless in 2 years time).
40k is Patek territory. You're absolutely insane if you think Apple and Patek are even close to each other in terms of desirability.
And no, sorry. The people of this forum have made themselves clear. If you have the money, and you want an Apple Watch, you WILL buy one of these. It's fact. But we do agree on gadget. That's what this is, and nobody is going to be spending 40k on a gadget with less computing power and functionality than a mobile phone (not to mention it'll be useless in 2 years time).
40k is Patek territory. You're absolutely insane if you think Apple and Patek are even close to each other in terms of desirability.
I COULD buy one, but there's no way in hell I would. At that price, I have a few others I'd like to add to my watch collection. There's just nothing desirable about the Apple watch (Edition or otherwise) for me.
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Very few people here know anything about the watch market, much less the luxury watch market. I've found it best to just try to leave it alone. No amount of explaining it to them will convince them otherwise.
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Very few people here know anything about the watch market, much less the luxury watch market. I've found it best to just try to leave it alone. No amount of explaining it to them will convince them otherwise.
You're making too much sense for this place
Just know that if you're on MacRumors, Patek is dead, AP is dead, Lange&Son is dead, even Rolex (the most powerful and advanced luxury mechanical watch maker in existence) is dead. Within a handful of years, too. Or sooner.
All of us out there with multi-watch collections are going to throw them out and stop appreciating them suddenly because the almighty Apple has reinvented the watch....I guess you forget when Apple first released the gold color option for the iPhone. People paying $5-7k to be the first to have it. No difference here.
The debate is in the supply. If they have plenty for initial release then the market will not be there like when they grossly underestimated the demand the gold iPhone.
Not sure why people get so butt hurt on here about capitalism. No different then when I buy and trade stocks.
Well first, I'm not ******** about capitalism. If stupid people want to do stupid things, that's their own stupid prerogative.
Second, PLEASE buy a few for re-sale purposes. I fully support what you're doing and would LOVE to hear your success story when it happens. You can't lose!!
Second, PLEASE buy a few for re-sale purposes. I fully support what you're doing and would LOVE to hear your success story when it happens. You can't lose!!
I think the gold iPhone launch doesn't really apply as an example. You're talking about a market (smartphones) where Apple is/was already thought of as the "king of the hill." Not hard to imagine a scenario where releasing a new color of an already best selling product would lead to sell-outs and wait times.
The thing that's different here is Apple is entering a brand new market, and isn't a "proven" product in said market. ESPECIALLY in the luxury watch segment they are thinking they can attract buyers in. It's the other companies (Rolex, Panerai, Patek) in that market where waiting lists for newly released models occur. Apple's the new kid on the block here. They need to prove themselves to be a decent watchmaker (as they did with the smartphone) before that kind of demand MAY occur.
Again, I'm speaking specifically of the $10k and up watch market. Not the low end market where the Sport and stainless model are.
So you don't think people are going to be lined up in droves at the local Apple Store come April 24th much less April 10th to try one on?
I am thinking it's going to be just like the iPhone 6 preorder. If you aren't preordering at midnight pacific time then you are waiting 1-2 months.
Absolutely not. The interest in the watch is nothing like interest in the phone. You'll be able to walk into the store and buy one days after launch.
I won't be waiting any time for a product I don't want to own. That being said...
This entire thread (looking at the title) is devoted to the EDITION ($10k and up) Apple watch. So that's the model I'm specifically talking about. The one Apple is trying to position against luxury mechanical watch. So....hell no I don't think there's going to be a line for the $10k model. Most Americans have to finance their iPhones! How are there going to be that many people with the financial ability to line up for the solid gold Apple Watch?
I'm not saying there won't be good sales in the aluminum model. I'm sure people will buy it (at least initially) just because it says Apple on it. But again, that's not the topic of this thread.
Just know that if you're on MacRumors, Patek is dead, AP is dead, Lange&Son is dead, even Rolex (the most powerful and advanced luxury mechanical watch maker in existence) is dead. Within a handful of years, too. Or sooner.
All sarcasm aside, here's some nice insightful articles from WatchTime Magazine.
I don't think there will be a line for the 10k watch in the US.
I still think they'll sell. In other countries? Yes. I think they'll sell out.
They aren't going to make that many of them, anyway. And the scarcity of supply of what may be viewed by some as a luxury gadget WILL encourage some people to pay more than they're selling for to own one.
I swear, if people will pay hundreds for a damned Tickle Me Elmo, why nobody thinks people will overpay for an Apple Edition watch is beyond me.
There's no end to what people will decide to spend their money on. Especially if there's the perception that it's hard to find one.
That's just Marketing 101.
I realize that there's a fundamental communication issue in this thread. I am speaking (and I think Bengy has been, too) about what people are WILLING TO SPEND.
The rest of you are talking about the luxury watch market. No... Apple isn't gonna unseat Rolex. Jesus. We're not stupid.
This is more about what people are willing to buy to be seen with the latest and greatest. Some folks are willing to spend a ton of money.
Does this equal the majority of the buying public? No way.
It's a very simple, small market segment. And Apple will capitalize on it.
Put another way, the iPhone was an unknown when it launched and you still had people lined up around the block and it sold out in major markets right away. I still managed to snag one on launch day without standing in line, but I don't live in NYC or LA.
I live in an area where these things sell out NOW. They are an established brand. But, when they were new products? Nope. Same with iPad.
Does this mean they didn't sell out immediately in other markets? Of course not. We know they did.
We also know there was immediately a market for these on eBay at several times their original purchase price.
So, historically, this has been true. Why think it won't be true for the Edition? Just because it's expensive? Come now. Some people have that much money and then some.
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I really do think that people are confusing consumer demand for the hot, new product with Apple trying to crush the established luxury watch brands.
Which is like comparing apples (no pun intended) to combat boots, but hey...
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Define "desirability."
Do you mean "great watch that people who are into watches will buy?" if so, well no kidding the Patek is more desirable.
Do you mean "new gadget that is available in limited quantities and is hard to get your hands on?" Because that is also "hot" and it could be any new thing, right?
Put another way... would someone pay double the list price for a Patek if it was a limited run and a new release?
Probably so.
This isn't about who makes the best watch. If you thought that was what we were discussing here, you are mistaken.
I fully agree with you re: best watchmakers and list prices that are reasonable for those watches. And I DO think the the Edition is overpriced... by at least double, actually, given what I have seen from gold watches in general.
Do I think this will stop people from buying the Edition? Sure, I do.
Do I think it'll stop everyone? No way. And if the supplies are constrained (I think they will be) and these sell out?
There WILL be people willing to pay more to own one, just for the "exclusivity" factor.
Not all purchases are based on logic.
I don't think there will be a line for the 10k watch in the US.
I still think they'll sell. In other countries? Yes. I think they'll sell out.
They aren't going to make that many of them, anyway. And the scarcity of supply of what may be viewed by some as a luxury gadget WILL encourage some people to pay more than they're selling for to own one.
I swear, if people will pay hundreds for a damned Tickle Me Elmo, why nobody thinks people will overpay for an Apple Edition watch is beyond me.
There's no end to what people will decide to spend their money on. Especially if there's the perception that it's hard to find one.
That's just Marketing 101.
I realize that there's a fundamental communication issue in this thread. I am speaking (and I think Bengy has been, too) about what people are WILLING TO SPEND.
The rest of you are talking about the luxury watch market. No... Apple isn't gonna unseat Rolex. Jesus. We're not stupid.
This is more about what people are willing to buy to be seen with the latest and greatest. Some folks are willing to spend a ton of money.
Does this equal the majority of the buying public? No way.
It's a very simple, small market segment. And Apple will capitalize on it.
Put another way, the iPhone was an unknown when it launched and you still had people lined up around the block and it sold out in major markets right away. I still managed to snag one on launch day without standing in line, but I don't live in NYC or LA.
I live in an area where these things sell out NOW. They are an established brand. But, when they were new products? Nope. Same with iPad.
Does this mean they didn't sell out immediately in other markets? Of course not. We know they did.
We also know there was immediately a market for these on eBay at several times their original purchase price.
So, historically, this has been true. Why think it won't be true for the Edition? Just because it's expensive? Come now. Some people have that much money and then some.
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I really do think that people are confusing consumer demand for the hot, new product with Apple trying to crush the established luxury watch brands.
Which is like comparing apples (no pun intended) to combat boots, but hey...
I'm all for differing viewpoints. I think they are interesting and make the world go 'round.
I have no doubt Apple will sell a lot of the lower priced watches. That's in their "wheelhouse", so to speak. They typically make good quality, good user experience, moderately priced digital consumer goods. That's what they are good at.
I just don't know about the Edition. I'm talking from the mindset of a mechanical watch enthusiast. Not just my opinion, but that of most luxury watch forums I'm a member of, and the circle of friends I have that also buy and collect this price level of watch. There's almost zero discussion about it, other than to say it seems like a really bad idea.
And I'm not saying Apple won't sell a few Editions. There are people that do questionable things with money all the time. That being said, I don't know how many will actually sell. People site the "Instagram guys who post pics of their Ferraris with tigers on top of them" as examples of who will buy this Edition. But let's actually think about "why" those people post Ferraris/Lambos/etc. Probably has to do with the fact that those types of cars are "aspirational" cars for anyone familiar with autos. They have history and more importantly, prestige associated with them because of that history. There's a watch guy that is always posting his Aston Martins, Porsches, etc with his ridiculously expensive collection of solid gold AP watches, Rolex watches, etc. Why is he posting those watches? Because people aspire to own them.
It wouldn't get the same reaction if they instead posted a photo of a tiger on top of a solid gold Honda Accord. Still insanely expensive, but kind of silly. The Apple Edition gold watch is that solid gold Honda Accord in my opinion. Jumping the shark, big time.
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Just had a chance to read your post on a larger screen. It's this bold part of your post that I AGREE with. My only "beef", if you will, is with all the people on this forum (with little to no knowledge of the luxury watch market) that ARE claiming Apple and the Edition watch WILL unseat Rolex, Patek, etc in the watch market. Anyone with even a basic level of understanding of those markets knows that's not going to happen, at least for a VERY long time.
I don't think that anyone will unseat a top luxury watch manufacturer any time soon. I don't get the impression that most people on here think that this will happen. At least not among watch collectors.
That said, there may come a time (no pun intended) when smart watches are as common as smart phones. If that happens, you may well see luxury smart watches with sales that rival those of the current luxury watch makers. That's also about the same time you'll see them all jumping into the tech business with some watch ideas of their own.
My objection to all of these "the Edition won't sell" arguments has always been that it seems people are assuming that only watch enthusiasts who know fine timepieces and only buy the best in Swiss precision timepieces are out there with money to spend on a watch.
They aren't.
There are plenty of people who are more interested in gadgets than watches. Or in looking like they've got money to burn than watches specifically. And THIS is the penetration market for Apple Edition.
They will sell these to people who have enough money to buy Rolex, Patek, etc and they will sell them not because Apple Edition is worth more than the aforementioned watches. They'll sell them because those people want to be seen wearing something that other people will know they spent a large amount of money to purchase.
Which is the same reason so many people buy Rolex who aren't watch collectors.
Anyone in here buying the edition Apple watch?
And I have not argued against your point. I do think they will sell, but maybe In much lower numbers than some Apple fans think. There are plenty of people with more money than sense. The "I am Rich" app kind of proved that, among other things.
Again, my point has been against the posters (more than you think...I personally have addressed it multiple times in many threads) that think the high end Swiss market is doomed. Even if Apple sold 20 million smart watches a year, the really expensive Swiss watch market will still chug along fine. They can co-exist perfectly. The only mechanical watch market I think that's POTENTIALLY at risk is the $4000-5000 and under market. Those watches are more vulnerable, as there not as much prestige (which equates to desirability to own) as there is above that level.
And I have not argued against your point. I do think they will sell, but maybe In much lower numbers than some Apple fans think. There are plenty of people with more money than sense. The "I am Rich" app kind of proved that, among other things.
Again, my point has been against the posters (more than you think...I personally have addressed it multiple times in many threads) that think the high end Swiss market is doomed. Even if Apple sold 20 million smart watches a year, the really expensive Swiss watch market will still chug along fine. They can co-exist perfectly. The only mechanical watch market I think that's POTENTIALLY at risk is the $4000-5000 and under market. Those watches are more vulnerable, as there not as much prestige (which equates to desirability to own) as there is above that level.
Kim and Kanye are paying me $25.00 to stand in line for them. Do you think Tim will allow me to buy two at once? Kim wants the 42mm Kanye wants the 38mm
He won't know how to work it. The Apple watch says 'I a playa" he will have it. In fact if he does not pop up on TMZ with one within two weeks, I'm selling my Apple stock asap!
I've got a love/hate relationship with Kanye. I think he's an incredibly talented person, and he's obviously very creative, but he's an egomaniac and a crybaby. But the last thing he is is stupid. I've seen the different watches he wears - the dude has style and good taste. I imagine he'll be given an Apple watch, and he may wear it one or twice, but he knows better.
Do you think a Rolex is priced based on materials and manufacturing costs? It is not. These are luxury items, priced as luxury items.
Why would it be obsolete in 5 minutes? It won't even be obsolete in a year. That Rolex, on the other hand, is now obsolete, because all it does is tell the time, when the new watches have near infinite functionality. Which is why the luxury watch brands are starting to explore the smart watch market.
Your honor, nowhere on that chart does it say that any of the listed Android-based devices have the same capabilities as the Watch.
Your decision is reversed.