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Does anyone know how many ounces of gold is in the Edition?
- Thread starter Wallabe
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How many marbles are in the jar? There will be many guesses but no one knows until they are counted.
There are questions about the alloy and whether Apple employed a method of using less gold while maintaining strength. Using a conventional alloy, some estimate around $1200 worth. Well just have to wait and see.
There are questions about the alloy and whether Apple employed a method of using less gold while maintaining strength. Using a conventional alloy, some estimate around $1200 worth. Well just have to wait and see.
I'm curious how much is in each one. At the current spot price, I can buy 8 one ounce coins and still have plenty left over for a sport or even a stainless steel model, considering the $10,000 price tag.
You could also buy 440 lbs of aluminum for the price of a Sport.
It's 18K, so it is 75% gold. I just need to know the weight of the case by itself. The remaining 25% of alloy doesn't really matter, they are relatively inexpensive metals used for strength.
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You could also buy 440 lbs of aluminum for the price of a Sport.
That's too heavy for what it's worth.
Exactly. No one knows yet. There are estimates based on volume but they could be completely wrong if the alloy is different in volume than typical alloy while having the same mass.
I'm curious how much is in each one. At the current spot price, I can buy 8 one ounce coins and still have plenty left over for a sport or even a stainless steel model, considering the $10,000 price tag.
The mass of the SS watch is 50 g (case only, including the electronics) for the 42 mm one.
The mass of the 18k gold watch is 69 g. (19 grams difference)
Density of stainless steel is 8,027 g/cm3.
Density of 18k gold (standard alloy) is 15,9 g/cm3, so roughly twice as much as stainless steel.
The difference in mass of the case materials is 19 g. Considering that the volume of every Apple watch is the same and that 18k gold is roughly twice as dense as stainless steel, we can conclude that the mass of gold in the edition is around 38 g, meaning $1100-$1200.
So even if I give Apple plenty of room to maneuver, say each gold edition cost a total of $2000 (maybe more than 38g of gold in the case and the band, electronics, battery, screen, etc.), Apple will still make a profit of at least $8,000 from each watch. In any case, they will all be outdated after next year's model.
Way to go Apple.
Way to go Apple.
You could also buy 440 lbs of aluminum for the price of a Sport.
Actually if my math is correct it would be 279.20 lbs of aluminum
NOTE: My math could be wrong, but I based this off of $.80 per pound of aluminum. Source: http://www.vincentmetals.com/1Pricing/Price_Data/
Actually if my math is correct it would be 279.20 lbs of aluminum
NOTE: My math could be wrong, but I based this off of $.80 per pound of aluminum. Source: http://www.vincentmetals.com/1Pricing/Price_Data/
Must be alumininium which is slightly more valuable due to the extra letters.
No, it is what it's worth.
Actually if my math is correct it would be 279.20 lbs of aluminum
NOTE: My math could be wrong, but I based this off of $.80 per pound of aluminum. Source: http://www.vincentmetals.com/1Pricing/Price_Data/
350/0.80=437.5
350/279.2=1.25 or $1.25 per pound.
Just for fun, according to this article, the elements in the human body are only worth about $160
But, it would cost you about $45,000 to buy a heart, lungs, kidneys, bone marrow, etc.
The value isn't always in the component materials
Yes, if you were buying gold, it is a poor value, but that isn't what you are buying
Personally, I would never buy the Edition
But then again, I'm don't feel the need to buy a watch of any kind
Yes, that's the human value, and people are willing to pay.
Otherwise, if I had a wife, I would upgrade her for a newer model every year.
Anyone here still married to their first iPhone? I would want to upgrade to the latest. Younger, faster, slimmer, less expensive to work with, lasts longer throughout the day.
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Next Year's Model
I've been hearing so many referrals to this new watch becoming outdated quickly. Mine is a different viewpoint. My understanding is Jony Ives, one of the best designers on the planet, spent more than a year designing this watch. He likes watches, has watch books in his office, and speaks of tradition as a consideration in his design. As a traditionalist, he knows that upscale watches last decades, and there is no reason this cannot do the same. Apple will surely add new designs and new materials (platinum) as time goes on, but how ridiculous would it be to have no way to upgrade the technology in this beautiful watch? The time is now for the watch due to the continuous miniaturization of electronics. New models will not have larger inside components; they will have smaller components - which will make it easy to exchange the technology of the first iteration for whatever latest technology comes along. I would like to hear Apple speak to this issue and lay concerns to rest. I'm buying the stainless steel model as soon as it's available to pre-order. And I'll be truly shocked if Apple fails to offer upgrades of the technology as needed to keep this future heirloom performing with the latest models.
I've been hearing so many referrals to this new watch becoming outdated quickly. Mine is a different viewpoint. My understanding is Jony Ives, one of the best designers on the planet, spent more than a year designing this watch. He likes watches, has watch books in his office, and speaks of tradition as a consideration in his design. As a traditionalist, he knows that upscale watches last decades, and there is no reason this cannot do the same. Apple will surely add new designs and new materials (platinum) as time goes on, but how ridiculous would it be to have no way to upgrade the technology in this beautiful watch? The time is now for the watch due to the continuous miniaturization of electronics. New models will not have larger inside components; they will have smaller components - which will make it easy to exchange the technology of the first iteration for whatever latest technology comes along. I would like to hear Apple speak to this issue and lay concerns to rest. I'm buying the stainless steel model as soon as it's available to pre-order. And I'll be truly shocked if Apple fails to offer upgrades of the technology as needed to keep this future heirloom performing with the latest models.
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Yes, that's the human value, and people are willing to pay.
Otherwise, if I had a wife, I would upgrade her for a newer model every year.
Anyone here still married and to their first iPhone? I would want to upgrade to the latest. Younger, faster, slimmer, less expensive to work with, lasts longer throughout the day.
LOL you haven't even married yet to the first Watch, and already looking for the newer thing... Such a perversion.
LOL you haven't even married yet to the first Watch, and already looking for the newer thing... Such a perversion.
Why buy the cow when you can get the milk for free.
Based on all previous Apple products, or any other products, nothing lasts forever. Enjoy it while it lasts. When a newer one comes along, jump.
How many here would say the iPhone 6/6+ is the greatest thing ever and would never upgrade again?