Fine mechanical watches like Patek Phillipe and Rolex do hold their value well. "Fashion" watches, even expensive ones, not so much.
That's what I said. I don't consider fashion watches as luxury watches.
Fine mechanical watches like Patek Phillipe and Rolex do hold their value well. "Fashion" watches, even expensive ones, not so much.
Pricing is on par with designer fashion watches. Gold one is obviously for people who don't have to know what price it is.
It is so amazing how many people can't understand this. There's a $10,000 watch. Uh, don't buy it. Apple even created one that's $9,651 cheaper!
It's very similar to the maniacal crowing about things like the 128GB iPad, a totally tricked out Mac Pro, the price of buying every song on iTunes, etc. OK, maybe the last one I made up. But damn, people. Apple makes a bunch of products for a bunch of people. I still have zero interest in a Mac Pro because it's almost $3,000 to start with. But there are a lot of people who need something like that.
I would love one of these watches, especially if the fitness tracking works like I think it does or better. If it's the right motivational tool, then $400 or so would be a bargain. But it's hard to tell. So like I've done with every other Apple product, I'm waiting a while. If at some point they can be found starting at $299 thanks to a sale, I might be there. I got my original 8GB iPhone for $249 by waiting about 10 months and getting a refurb. OK, the 3G came out two months later at $50 cheaper, but I got to own the original one and never did like the look of the 3G with that candy-coated back.
If this made business sense they'd make real gold iPhones and MacBooks which would undoubtedly sell to the conspicuous consumption crowd as well. My guess is that there are far fewer of these people than you realize.
I love Apple products but this is the first time I have thought Apple have lost the plot and are profit chasing.
Mess strap $149. Comparable Mesh watch strap from eBay delivered from China £2.19
18 hours battery life, IP7 rating, 1st Gen product built in China. Not impressed at all. Apple act like it was a watch designed and built by God himself.
Pebble Time Steel it is![]()
Fine mechanical watches like Patek Phillipe and Rolex do hold their value well. "Fashion" watches, even expensive ones, not so much.
Apple seem to feel they can just stroll into an extremely well established industry, with gold *alloys* (not pure gold I notice) - and not even a bespoke version of the 'movement' / heart of the watch but just the same heart repackaged in a different case, and price right up there with those same long established historically significant swiss brands.
It's hard to say but I think they're going to be in for a shock. Unless the kinds of buyers of these things are really that stupid as to throw away money like that. But you'd have to be certifiably insane to waste that kind of money on an Apple Watch, and not spend it on a Patek Phillipe or JLC or Rolex or similar.
But that said, the fact it is actually gold will keep the value up there. Remember, the technology has a retail value of about $500. So the other $9500 is mostly the cost of the metal. If gold keeps it's value, so will the watch.
This is one of the first Apple products I have no interest in purchasing. I cannot justify spending $350 or possibly $400 that pretty much just relays information from my pocket to my wrist.
If it was $150 I might consider it.
The problem is that the watch is NOT pure gold. They are classifying it as 18k gold. So it is an alloy but unlike other 18k alloys, they are actually using less gold per volume. They are getting away with still calling it 18k because they are mixing it with ceramic and not other metals. So even the "gold" part of the equation is pretty much a sham. Anybody buying this for the gold will be in for a rude awakening if they think that part is going to hold any value.
Oh, and the only reason i have a watch is because I bought it in 1992. A relative passed away, left me 1k and i wanted something to remember them by. NO watch purchase since 1992.
LOL, i only wear a watch to weddings. Who the hell wears a watch when they have an iPhone at this pt? In a society that likes to wear less, now we need to wear more BS? The watch is a joke. I love my Apple products, but this one is dumb.
And if a Porsche Macan were $20K, I'd buy one this afternoon.
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It is 18K gold. By definition it is not pure gold. If it were, it would be 24K gold, and would be susceptible to damage very easily.
I'm not a metallurgist, so I don't know how easy it would be to melt this down and reclaim the gold. And since none of us know precisely what the chemical composition of the Apple Watch is, I don't think any of us are qualified to comment.
My thinking though is that if they can claim it is 18K gold, then there is still plenty of gold in there that could be reclaimed. I don't believe that once you have made a gold Apple Watch the gold is gone forever.
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In 2011 (the most recent stats I could find) the top two luxury watch makers, Rolex and Omega produced and certified for sale about 1.2 million watches. And keep in mind that neither company makes anything for less than $4,000 at this point.
People wear watches. Maybe not people of college age, at least not as much. But plenty of people wear watches. Have you ever walked into jewelry store, or the jewelry department in a store like Macy's or Nordstrom? They have hundreds of watches for sale. Many costing thousands of dollars. If no one bought or purchased watches any more why would they waste all that retail space?
Just because YOU don't wear a watch, doesn't mean no one does.
I'm a businessman who travels a lot. 122 flights last year and 128 the year before. I'd love a watch that could display my boarding pass, tell me what gate to go to, switch time zones when I do, tell me what the weather is going to be like, and which hotel I booked. All at a glance without pulling out my phone.
I can't wait to own one of these.
I think what the previous poster was referring to is that Apple isn't using 18K gold in the traditional sense. They are using this patent, http://appft1.uspto.gov/netacgi/nph...srchnum.html&r=1&f=G&l=50&s1=20140361670.PGNR., which is a metal matrix alloy. It's a way for Apple to get away with having less actual gold in this watch body than would be the case in a traditional gold watch body of the same weight. I've seen estimates saying less gold by as much as 50%. So people aren't even getting the amount of "gold" they think they are getting.
I could not get your link to work. In any case, as I have stated before, the average man in the street will not look at the Edition as anything other than toys for the 1%.
Anyone that has to save up for a watch like that would be far better off with a nice Rolex or Omega.
Whether you believe it or not there is a market for gold things, don't ask me why.
This company:
http://www.brikk.com/store/p155/LUX_IPHONE_6 PLUS PINK_GOLD_DIAMONDS_SELECT_-_BLACK_128GB.html
Takes an iPhone and covers it in gold and diamonds, and sells it for $58K. The kind of people who do this are not worrying about a return on investment, or how much gold is in it, or if they can resell it.
You are not the luxury market Apple is targeting with that price. This watch is for watch collectors and Apple enthusiasts buying Audemars Piguet, Tag Heuer, Bvlgari Diagono, etc. You are not the target demo.
But, you don't have to pay $1k for the "middle" Apple Watch. Did you look at the pricing?
interesting, I have 2 of the watches you listed. and yet. I have no interesting in getting 10K apple watch. Why is that?
maybe it's because it's no different than dressing up a Toyota Camry and trying to sell it for a super-car price?
take a 350 watch.... put it in a 900 dollars worth of gold, and sell it for 9000 dollars profit!
Maybe? Just Maybe?
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I did, and more like 1400 with link bracelet I wanted.
So thank you happy for saving me close to 1000 dollars
Why would anyone buy one of these if they have an iPhone ? lol
You know, when I first heard about the iWatch , i thought it was a joke to get samsung and the other idiots to make smart watches. Now, i can't even believe what moron would buy one of these things lol.
These watches will be the greatest fail in electronic history. I'd sell stock now.
Oh, btw, not a single one of those watches can compare to my Tag Heuer.
I'm not convinced that diamonds are all that precious. It's simply a controlled supply and great marketing.
The problem is there just doesn't seem to be any "good" reason to go out and buy one of these. I don't doubt for one second that this thing is going to sell. Apple isn't stupid and they obviously know people will buy these. I'm sure there are plenty of people eager to drop thousands of dollars on them. But aside from tech-junkies and Apple fanatics, what benefit does owning one of these have over just using my phone? That I don't have to take it out of my pocket? Not good enough.
Good luck getting a watch to carry a cellular signal. Or bluetooth. Both need an insane amount of power to run. Fitting all of that into something that small is impossible. Unless it ran on solar.
I own a Tag and an Omega. I would never spend over $1,000 on a watch that will need to be completely replaced in 3 years. I don't get it. But I'm sure it will do well. This is the kind of watch I wouldn't spend more than $400 on.
Those attempting to justify the Watch by comparing it to the initial release of the iPod or the iPhone are off base...
The iPod created an entirely new product. And while yes, you had to sync it with a mac, you could remove it from that Mac and it could live alone forever after if you wanted it to. No need for a secondary device, and it wasn't mimicking the functionality of a device you already carried less than a foot away.
The same with the Phone.
This device, while dreamed about, simply misses the mark.
Battery life should be at least a week for a watch. And the need to always be carrying a phone for it to work? Fail. Seriously, and I'm a fan boy. But this is a device that will not catch on.
The Watch is an accessory to the phone now. But priced as though it's more important than the phone. That's ridiculous. Your phone costs less and has more functionality.
Steve would never have released this product.
Let's say you wanted an Omega Planet Ocean today.
That would cost you $6100. Interestingly the same watch in gold is $28,000. So you see how much gold ups the price.
You'd need to get the watch serviced every 5-10 years, at a cost of $500-$1000.
So you could in fact buy a brand new Apple Watch every time they release one if you wanted to. The difference is that the Apple Watch has more functionality and more features, along with vastly superior time keeping. The Omega is certainly a nice watch, but it is hard to justify your comments about how outrageous the Apple Watch is in terms of price, when you have a couple of watches that cost more than a grand, and don't tell time all that well.