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Anyone in here buying the edition Apple watch?
- Thread starter Locoboof
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All Rolex watches are pretty expensive, the cheapest I can find in a quick internet search being over £3,000.
Apple are selling less than 69 grams of gold for more than five times it's actual worth, and they are selling the same product in a different metal for a fraction of the price.
"It won't even be obsolete in a year". I'm not sure what world you're living in, but I'm quite sure the Apple watch will become defunct before any Rolex.
As I said it's a rough model, and as a jeweller, I was just interested in how much gold you would actually be getting for £13,500.
Turns out it is even less than I initially thought.
Not so sure of that as I am seeing too many Apple Watch ads on TV on many different stations. Much depends on the supply line and no one here knows about it's capacity!
Oh, Apple's running lots of ads on TV? Well then the interest must be through the roof!
Quite. You don't have to advertise a product everybody wants. You're wasting your ad budget doing that.
There is such thing as "premium". which Apple has always been.
but this has gone into the area of "STUPID MONEY", which I hope nobody is dumb enough to buy into.
let me give an example. A BMW M3 is a premium sports car. but buy a M3, put a little a bit of gold in it and charge people 1.5 million for it is "STUPID MONEY" (if you want to pay for it
but this has gone into the area of "STUPID MONEY", which I hope nobody is dumb enough to buy into.
let me give an example. A BMW M3 is a premium sports car. but buy a M3, put a little a bit of gold in it and charge people 1.5 million for it is "STUPID MONEY" (if you want to pay for it
A Year? Just try driving it off the lot
But different strokes for different folks- everyone values things differently.
That was exactly my point - you are comparing the Apple Watch price to its material value, but if you do the same thing with Rolex watches you'll see it to a far more extreme extent, that £3,000 Rolex cost nowhere near £3,000 in materials and manufacturing.
I will bet on Apple knowing what they are doing when it comes to marketing, even though many here think they know better!
I am a heavy AAPL stock holder and advertising can even convince people that were not interested! Their ad budget is likely UN-limited.
I will bet on Apple knowing what they are doing when it comes to marketing, even though many here think they know better!
I am a heavy AAPL stock holder and advertising can even convince people that were not interested! Their ad budget is likely UN-limited.
My point was that if you're seeing heavy advertising it's because demand is low.
No business has an unlimited advertising budget. And no company spends money it doesn't have to. If demand was high already, running more ads would simply lead to product shortages and frustrate customers. Better to save the advertising spend until demand drops off in a month or two.
Agreed. $10,000-$15,000 is pocket change to some.
If you know where I can find people like that, let me know. I could use some "pocket change" lol
I believe Apple is more worried about this product launch than they have been for one in a long time. So they are trying to generate some hype with the advertising. Apple has had a string of blockbuster hits, and this Watch may not be the "industry changer" Apple fanatics think or want it to be. Outside of this forum, there is very little hype or talk of the Apple watch. Not even taking into consideration the fellow mechanical watch enthusiasts like myself, the non watch geeks I've asked about the Apple watch and whether they are excited all seem to respond with a "meh" or "noooo". And these are people that are in line to purchase every Apple phone/tablet. I hear responses that are all saying something to the effect of "why pay the cost of my iPhone for a watch that does what my phone does?"
And what happens to Apple's rep when/if this product doesn't "revolutionize the watch industry" like Apple fanatics are clamoring/hoping for? What if it's just another Apple TV type "hobby"?
Called my apple business rep
and jokingly told him I wanted to order 20 of the edition watches all gold for my business. He didn't laugh. I said" hey i was just joking"
He said he has had many serious inquires like that for people who actually want several. That' s why he didn't laugh. The interest is off the charts based on the number of phone call they have been getting. I personally going with space grey, I think those who think the watch will not be a huge sales hit are going to be very surprised!!
and jokingly told him I wanted to order 20 of the edition watches all gold for my business. He didn't laugh. I said" hey i was just joking"
He said he has had many serious inquires like that for people who actually want several. That' s why he didn't laugh. The interest is off the charts based on the number of phone call they have been getting. I personally going with space grey, I think those who think the watch will not be a huge sales hit are going to be very surprised!!
Funny that you mentioned Apple TV. I was just responding to another post that I think Apple should've gone the "Hobby" route with the watch. Apple need to buy themselves time (and user-forgiveness) while they refine it and get it ready for primetime (right now, it's not).
This rough version 1 product tries to address too many diverse requirements and has too many in-built compromises.
Nothing whatsoever happens. Is the man on the Clapham omnibus grumbling about Apple's poor ATV sales? Does tmotCo even know that the ATV exists?
We've drifted away from talking about the Edition, but I don't think the Watch is going to be a bust. We have no way of knowing Apple's hopes for the product, but I reckon they'd be delighted if they managed to convince 5% of iPhone users to buy a Watch in the first year of release.
The unknown is 'where does it go from there'? If people discover compelling uses for it, and if the battery life is found to acceptable in real word application, then it might kick on so that 10% or more iPhone users will be wearing a Watch or Watch 2 in five years' time. Alternatively in might die on its arse, to the point where Apple would have difficulty in selling Watch 2.
Either way, they'll still shift well over ten million Watches during the next year. There's no chance of inventory being bulldozed into landfill sites.
Unless it's very quickly discovered to be a horribly flawed product, it can only be a bust in the perceptions of Apple enthusiasts who think that every third person they meet in the street – or on the omnibus – should be wearing one.
I think the thread question was "Anyone in here buying the Edition?". Some Apple guy you claim to have spoken to on the phone doesn't really count.
Are you buying an Edition?
I saw the other post. I generally try to follow the posts of users with some intelligence.
I think Apple is in a precarious spot with the Watch. They are expected now to introduce "home run" mobile products now. If they do, it's expected. But if they don't...what does it do to their reputation now? And I agree with you that this Watch, and it's marketing campaign is more "all over the place" than I've seen with Apple. It's a throw a bunch of crap on the wall and see what sticks approach.
Other than someone who's considering it because he or she is under the delusion that it could immediately be flipped for a huge profit, I think the answer is 'no'.
Is Apple going to offer you the same lifetime garuntee as other luxury watches, say like, Philippe Patek?
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Rolex doesn't actually offer a lifetime guarantee, it's only 2 year warranty. But, you also don't really need it unless you damage the watch through abuse.
I'll admit that those points were both misinformed. What can I say. Ultimately, I just see Rolex as a classic, timeless timepiece.
The Apple watch isn't a luxury item, it's a smart watch. To make it out of gold and then charge so much more for it is offensive at best.
The Apple watch isn't a luxury item, it's a smart watch. To make it out of gold and then charge so much more for it is offensive at best.
Oh I agree. That's why I own several Rolexes and no plans on a smart watch to replace them, or otherwise occupy everyday wrist space. If I EVER own a smart watch, it will be relegated to a workout accessory only. That's all I see them even somewhat useful for. And even that is questionable for someone who is anything beyond just a hobby fitness person.