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You've failed to address point 1 which is the most important factor here.

Don't know where you get your prices from but the Oyster Perpetuals gold case + stainless steel & gold bracelet Rolex are around US$10K.

I wouldn't call a BMW a luxury car. Do you associate gold watches with BMW drivers? I wouldn't. Bentley maybe, BMW no.

I do indeed associate gold sport rolex with bmw drivers. Bentleys? No. I associate A Lange und Sohne, Patek, AP... with Bentley, not gold Rolexes.
 
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I do indeed associate gold sport rolex with bmw drivers. Bentleys? No. I associate A Lange und Sohne, Patek, AP... with Bentley, not gold Rolexes.

The vast majority of people (90%+) who buy BMWs cannot afford a Rolex. Maybe the people who are buying the i8/M6/M5, but anything else I doubt it. BMWs just aren't that expensive to constitute dropping serious money on a watch.
 
You've failed to address point 1 which is the most important factor here.

Don't know where you get your prices from but the Oyster Perpetuals gold case + stainless steel & gold bracelet Rolex are around US$10K.

I wouldn't call a BMW a luxury car. Do you associate gold watches with BMW drivers? I wouldn't. Bentley maybe, BMW no.

The problem here is you are assuming the decision to purchase an Edition Watch is an economic/investment decision. It is not. It is the purchase of a luxury item.

You don't necessarily purchase luxury items with the intent of making money from it or for it even to retain it's value over time. The purchase of the item is usually because it makes you happy and you enjoy it.

If you assume people purchase an Edition Watch as an investment decision, then you are correct, it's a really bad investment. It will not retain it's value as well as other investments.

There is no real point arguing about if the watch is good value or not as value is determined by the purchaser. My wife likes handbags with designer names on them but I personally think that is a waste of money. The leather is not necessarily any better than other handbags, they don't necessarily look any better than other handbags but my wife is prepared to pay extra for them because they make her happy.

At the end of the day it's ok for people to pay more for something if it makes them happy and they are happy with their purchase. If you don't think you are getting value for your purchase, then don't buy it. Simple. It's not an economic decision.
 
Jony Ives? I thought it was being delivered by Tim Cook. I thought Edition owners were supposed to get the ultimate VIP treatment from Apple. What's more VIP than Tim Cook delivering. :D

Tim Cook bringing lunch with it....sevruga caviar, Louis Roderer's Cristal in your own particular birth year and baked alaska to consume while you and Tim commiserate over things at Apple. Oh and served with Puiforcat sterling flatware.
 
1: An Apple watch won't last 5-10 years because a) battery will be dead (okay you can replace that, but apple will eventually stop making the batteries for it) and b) in 5-10 years time it will be unsupported on whatever iOS is current at that time. iPhone 4 is not even 5 years old yet didn't get iOS 8. So in 5 years time, Apple Watch probably won't be supported due to software.

At least with a rolex, the $600 every 5-10 years is a hell of a lot cheaper than $15k every 5-10 years for a new Apple Watch.

2: You can get a gold rolex for under $15k. The models that are >$30K have the gold bracelet as well, which the Apple watch does not have.

3: Do you honestly believe that's what Apple pays that much for the gold? They'll have a contract with a supplier to provide x amount, and the ounce price will be cheaper than that.

4: A made in china, factory produced computer with a strap is not a luxury item. A hand assembled Swiss watch, assembled by one single person is a luxury item.

A gold apple watch will cost a hell of a lot less to manufacture than a Rolex. Labour cost alone will be a fraction because it's made in a factory in china by people earning $1 a day.

Right, a Rolex does cost a huge amount but at least they are examples of excellent craftsmanship. The Edition is a made in china mass produced watch with a gold shell. LOL
 
Right, a Rolex does cost a huge amount but at least they are examples of excellent craftsmanship. The Edition is a made in china mass produced watch with a gold shell. LOL

You know that Rolex makes over 1 million watches per year don't you?

Just kidding, it's obvious that you don't
 
You know that Rolex makes over 1 million watches per year don't you?

Just kidding, it's obvious that you don't

What I'm conveying is that the edition is just a standard apple watch with a gold shell made by foreign peasants.

Anyone that pays 17k for that is a horrible human being.
 
The vast majority of people (90%+) who buy BMWs cannot afford a Rolex. ..[snip]...
Heh. I'd say the vast majority of people who drive a BMW can't afford a BMW; they lease them ;) same with Volvo, Mercedes, and other mid-tier cars. (And before anyone asks, no, I have no source for that :p ) I don't know that Bentley, Buggatti, or other high end cars even have leasing programs
 
What I'm conveying is that the edition is just a standard apple watch with a gold shell made by foreign peasants.

Anyone that pays 17k for that is a horrible human being.
And anyone that buys a cheap Apple Watch made by foreign peasants is ...an honorable ... Human being?

FWIW folks that work to make Apple and other tech products in foreign lands area likely the middle class, not peasants. Just sayin....
 
Nice watch

Thank you iphon6fan for having the sincerity to post your new Apple Watch Edition. It's definitely pleasing to the eye. I originally was not planning to order the Apple Watch during pre-orders but I happen to wake up to go to the bathroom and decided, what the heck. I felt the 2nd generation would be the better approach but rationalized I could hand down the Apple Watch Sports to my oldest daughter when I upgraded. I too took many pictures of my Apple Watch Sports when it arrived 4/24/15 and sent them to friends. The watch is a pleasure to own. I especially like using Apple Pay with it. I take public transportation to work and I have had moments of apprehension to glance at it. I have also had moments of embarrassment when I use Apple Pay and get lots of amazement from the cashiers. Yet it is not a typical watch. It's useful beyond a typical watch. The typical watch that I also own, has an ecodrive to keep it charged. It is sitting on my window sill collecting light and dust. Thanks to iphone6fan, I also understand what it feels like to get something you've wanted, finally delivered.:apple:
 
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And how much will the car be worth in 5 years ?

H. L. Hunt said it best decades ago, "the rich are different." The guy who wrote these thoughts doesn't understand because he is not one of them and likely,with that thought process, will never be one. Consider how many people spend far more than an apple watch at a wine auction or rent a villa in Fisher Island or $100,000 on a wedding. All have a shorter shelf life. I once took my Mom to the Cloister for her 70th birthday. Some people thought what I spent was a small fortune to wit I said, it's my money and I'll spend it how I damned well please.
 
H. L. Hunt said it best decades ago, "the rich are different." The guy who wrote these thoughts doesn't understand because he is not one of them and likely,with that thought process, will never be one. Consider how many people spend far more than an apple watch at a wine auction or rent a villa in Fisher Island or $100,000 on a wedding. All have a shorter shelf life. I once took my Mom to the Cloister for her 70th birthday. Some people thought what I spent was a small fortune to wit I said, it's my money and I'll spend it how I damned well please.

Dude it's not hard to understand that if you make a million dollars a year or a minute or whatever that you wouldn't think twice about throwing money away on an Edition. Hell, you could wipe your butt with 100 dollars bills just for the hell of it. It aint hard to understand! GOD!

The point is that at some point excess has got to be morally wrong. If you make a million dollars a day and then buy million dollar underwear, then you are doing something wrong. The 'it's your money you can do whatever you want with it' only goes so far. If you're wasting huge sums of money just because you can, you're a bad person. Isn't this common sense?
 
Heh. I'd say the vast majority of people who drive a BMW can't afford a BMW; they lease them ;) same with Volvo, Mercedes, and other mid-tier cars. (And before anyone asks, no, I have no source for that :p ) I don't know that Bentley, Buggatti, or other high end cars even have leasing programs


Yep. I'd also say that the vast majority of people who own a house can't afford a house. They lease them from the bank and become owners at the end of the term.
They are wasting their money too right?
 
So far there have been no extra bands available for the Apple Watch Edition, what if your band wears out (they will at some point)?
I somehow wonder if the Edition thing was a step too far for Apple. I like the idea (not that I could afford one), but the way they have dealt with selling them seems not that great. At that price people need more info about bands, upgrades etc.

They're ALL SOLD OUT already (even in the stores). People that buy these things don't worry one bit about this. Not one bit.
 
Spending 16k on a freaking Apple Watch is so dumb. Shows the stupidity and excess of our time.

I guess so... But this argument can be said about many things, it just depends on the perspective of the person saying it.

Tim cook makes enough to buy 2.5 of these per hour, to put things into perspective. Most people don't even make enough to buy 2.5 of the regular version per hour. Hell, most don't even make enough in A DAY to buy the base model.

It's easy to talk about charity (you didn't but someone else did), but then I can easily say that the money spent on every single Apple watch sold to date would better be served as a charitable donation. Most of the toys I spent money on probably haven't helped the world as much as it would have spending the money on food for starving orphans (or insert chartiable organization here).
 
Yep. I'd also say that the vast majority of people who own a house can't afford a house. They lease them from the bank and become owners at the end of the term.
They are wasting their money too right?

Thing is a house doesn't become obsolete in 5 years. It doesn't stop functioning after 5 years because it's no longer compatible and won't be getting updated. There are buildings in the world that are thousands of years old. There are houses that are hundreds of years old and still function as houses today. A house can be 250 years old on the outside, but brand new on the inside.

The point of this isn't that it's a bad investment etc. It's the principle behind it. Why buy an Apple watch that will only work for 5 years tops then you'll have to buy a new one when for the same price you'll get a Rolex/Omega/Breitling/Tag etc. that will continue to function forever providing you maintain it correctly.

It's giving Apple exactly what they want. They came out with something with a ridiculous price tag, knowing full well that you'll have to either upgrade or put it in a drawer in 5 years time. They know that most of the people buying the watch edition will keep upgrading and that they've got you roped into it. So long as people keep buying into that and accepting the trash they come out with, they'll continue to charge $1000 more for their laptops and desktops over their windows rivals, even though the specs are worse. All because it has an Apple logo? I don't think so. They're trying to become a new fashion label with the likes of Louis Vuitton/Prada/Rolex/Gucci etc. but in reality they'll never be that. Apple are going to hit a point where their products become too expensive and people stop buying from them. And I think that point is with the latest round of "upgrades" (price increases).

Don't get me wrong, I don't hate Apple products. I have an iPhone/iPad/Macbook/iMac. They're products are generally good quality. They have great customer support. I just think their business model of maximum profit is all wrong. Steve Jobs ran Apple a lot better than Tim Cook ever has and ever will. Apple may be more successful today because of Tim, but I fear he's also going to cause the collapse of the Apple bubble. One day it won't be fashionable to have Apple everything, just like it's no longer fashionable to have a Nokia (look where they are now. Once the largest phone manufacturer in the world. Now, they have a tiny market share).
 
To paraphrase a line from the movie Fight Club: The things we own end up owning us. Apple has taken that to a new level and now actually owns significant mindshare of a large group of humans on this ball of dirt. Is it a mania, a bubble that will ultimately burst? Or is it a model for the future of retailing, merchandising and consumer behavior?

Stepping off my soapbox, does anyone else think the retail packaging and presentation of the :apple:Edition is cheesy? The watch itself is gorgeous, but that white box and the velour case look like something from BigLots.
 
What a waste for something that will be outdated in a year.

I learned there are people out there with excessive amount of money and to them this is worth it. I have seen friends purchasing BB Z10 "to test it out". Another got an expensive Android (IIRC) phone because it had a "Porsche" or "Ferrari" case and os theme although he had the very latest Galaxy back then.
 
I just think their business model of maximum profit is all wrong. Steve Jobs ran Apple a lot better than Tim Cook ever has and ever will.

You need a history lesson. Steve Jobs gave us the black MacBook which slapped on a $200 premium just for the option of having it in the color black, otherwise identical to the white MacBook except with a negligible 20gb larger hard drive.

Apple has always commanded a ridiculous premium on its products. The original iPhone dropped $200 after only three months on the market, and Apple gave their understandably disgruntled customers a $100 gift card to make amends! Do you seriously think Apple wasn't making a huge profit even after that $200 drop?

Tim Cook is doing nothing that Steve Jobs didn't teach him how to do.

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What difference does that make? They're still all hand assembled unlike an Apple Watch which is just a computer. There's no craftsmanship in an Apple watch.

That's completely wrong. The design efforts that went into the watch is craftsmanship. Jonny I've is correct, there's no difference between a guy sitting in a room working with tools and building a computer that wields tools to manufacture the watch. The design put into the logic boards, and the related parts is just a different kind of craftsmanship. They must still be manufactured and assembled, perhaps with even greater care than the mechanical watch. Doesn't matter that a robot designed and constructed by a human does the work, instead of an individual. And in the end humans do assemble the final peices, some of which require just as much care as any precision mechanical watch.
 
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