Has your Apple Watch entirely replaced your expensive Swiss watch?

[44267547]

We won't find out anything as they don't tell us the numbers. Tim will just say that he's thrilled about how the Apple Watch is doing and it's seen record sales over the holiday period.

Reported today for the earnings call.

Apple Watch Looks fairly promising to me and the results are more than uplifting to show its future, which apparently looks positive. Obviously, it's not sales numbers. But none the less.

https://forums.macrumors.com/threads/apple-watch-sets-all-time-revenue-record-in-q1-2017.2030407/

 

[Thai]

So, is Apple going bankrupt soon?? Do i need to sell stocks?!

 

[tivoboy]

So, is Apple going bankrupt soon?? Do i need to sell stocks?!

with 265BILLION in cash (most offshore sadly) I don't think they'll go out of business anytime soon.

That said, my EXPII has been in the watch case pretty much for the entire last couple years. save a couple of formal occasions. It's odd.

 

[OllyW]

Reported today for the earnings call.

Apple Watch Looks fairly promising to me and the results are more than uplifting to show its future, which apparently looks positive. Obviously, it's not sales numbers. But none the less.

https://forums.macrumors.com/threads/apple-watch-sets-all-time-revenue-record-in-q1-2017.2030407/

I see my prediction was pretty safe.

according to Apple CEO Tim Cook, the Apple Watch set all time unit and revenue records

He went on to say the company is thrilled with the response

 

[44267547]

I see my prediction was pretty safe.

I see you edited your first post.

In my opinion, you seem fixated on hiding behind your prediction(s), and lack there of sales numbers. When in fact, with or without sales numbers, there is no denying the continued success of the Apple Watch and Cook confirmed the reason for the constraints, which is evident its growing and rightfully so.

You can rip apart any post or article on here,
But don't shy away from what's clear. The Apple Watch 2 is easily ahead of its first predecessor. Once a major redesign happens, I think it's safe to say you even have a stronger following with the appropriate measures taken.

I'm not arguing the future of the Apple Watch, I'm backing the fact it's grown exponentially and will continue to with the right measures taken to make the Apple Watch a better device. It's to early for "Predictions." But I trust Cooks vision with the Apple Watch incorporating health and hardware advancements for the time being.

 

[OllyW]

I see you edited your first post.

I miss-read the article after quickly skimming through it and changed my reply as soon as I realised.

In my opinion, you seem fixated on hiding behind your prediction(s), and lack there of sales numbers. When in fact, with or without sales numbers, there is no denying the continued success of the Apple Watch and Cook confirmed the reason for the constraints, which is evident its growing and rightfully so.

You can rip apart any post or article on here,
But don't shy away from what's clear. The Apple Watch 2 is easily ahead of its first predecessor. Once a major redesign happens, I think it's safe to say you even have a stronger following with the appropriate measures taken.

I'm not arguing the future of the Apple Watch, I'm backing the fact it's grown exponentially and will continue to with the right measures taken to make the Apple Watch a better device. It's to early for "Predictions." But I trust Cooks vision with the Apple Watch incorporating health and hardware advancements for the time being.

I do like the Apple Watch and hope it does well but I'm not yet convinced it's ever going to make it as Apple's long awaited next big thing. Perhaps I'll like it even more if they can come up with some more stylish designs to go alongside the functionality.

 

[Thai]

I miss-read the article after quickly skimming through it and changed my reply as soon as I realised.

I do like the Apple Watch and hope it does well but I'm not yet convinced it's ever going to make it as Apple's long awaited next big thing. Perhaps I'll like it even more if they can come up with some more stylish designs to go alongside the functionality.

Wireless and health are the next big thing. Apple Watch is in great position to take advantage of these two things. So, in essence, it is the next big thing from Apple. It can literally enhance your well-being...possibly even more so than an iPhone.

 

[Ffosse]

So many good posts.

I, too, tend to mix it up a bit with the AW2 and my automatics (which cost about the same as the AW) Have been wearing my Visodate most lately - after I got my AW2 I became more interested in automatics, so sometimes I won't wear the AW for a few days, or will wear it alongside another watch.

 

[The-Real-Deal82]

It is frustrating for those of us interested that Apple release how many iPhone 7's they've sold but don't do the same for the Apple Watch. It doesn't do much to play down the stories that Apple are not releasing figures because they are lower than expected. Growth can be stated but we have no idea how many they sold last year.

 

[DUIduckSAUCE]

So many good posts.

I, too, tend to mix it up a bit with the AW2 and my automatics (which cost about the same as the AW) Have been wearing my Visodate most lately - after I got my AW2 I became more interested in automatics, so sometimes I won't wear the AW for a few days, or will wear it alongside another watch.

I would stick to the Tissot. It is a very nice timepiece. An apple fitness band would be nice to pair with it.

 

[BarracksSi]

Growth can be stated but we have no idea how many they sold last year.

Right -- "growth" can be true whether it's 5% or 50%. I hate not having a leg to stand on when people say, "The AW must be a flop 'cuz Apple is embarrassed to say how few they're selling."

 

[Thai]

It is frustrating for those of us interested that Apple release how many iPhone 7's they've sold but don't do the same for the Apple Watch. It doesn't do much to play down the stories that Apple are not releasing figures because they are lower than expected. Growth can be stated but we have no idea how many they sold last year.

Note that Apple said that they will NOT release numbers SIX MONTHS before the original Apple Watch even went on sale. So, this secrecy was planned from beginning...it was NOT a response to poor sales.

Apple did say that AW did better than the original iPhone and iPad last year. And this year, they beat those numbers. Why do you need actual numbers? There are plenty of clues Apple gave out.
[doublepost=1485979232][/doublepost]

Right -- "growth" can be true whether it's 5% or 50%. I hate not having a leg to stand on when people say, "The AW must be a flop 'cuz Apple is embarrassed to say how few they're selling."

5% growth of 10-15 millions (estimated sales of original AW in one year) is a jackpot growth for pretty much every smartphone (and traditional watch) maker. Consider also that smartwatch category is in its infancy...we don't know how far Apple can take it. My guess is health-related...and if so, then GET READY FOR IT! Once AW gets into health mainstream and does things like (blood sugar monitoring, ECG, blood pressure, etc), it will be HUGE and vital to every owner!!

 

[OllyW]

Apple did say that AW did better than the original iPhone and iPad last year.

Last quarter, they made no mention of how well it did over the last year.

 

[The-Real-Deal82]

Note that Apple said that they will NOT release numbers SIX MONTHS before the original Apple Watch even went on sale. So, this secrecy was planned from beginning...it was NOT a response to poor sales.

Apple did say that AW did better than the original iPhone and iPad last year. And this year, they beat those numbers. Why do you need actual numbers? There are plenty of clues Apple gave out.
[doublepost=1485979232][/doublepost]

5% growth of 10-15 millions (estimated sales of original AW in one year) is a jackpot growth for pretty much every smartphone (and traditional watch) maker. Consider also that smartwatch category is in its infancy...we don't know how far Apple can take it. My guess is health-related...and if so, then GET READY FOR IT! Once AW gets into health mainstream and does things like (blood sugar monitoring, ECG, blood pressure, etc), it will be HUGE and vital to every owner!!

I think they said that from the very start because the Watch industry is a huge industry in itself and not releasing figures means they can control the media response. Why do they reveal how many iPhones are sold? Why not just say 'we've sold more than last year'? Holding back on certain products just started makes me suspicious they are not doing as well as the hype. I don't necessarily trust Apples cryptic clues to he honest.

 

[Thai]

Last quarter, they made no mention of how well it did over the last year.

I meant holiday sales. Unless AW2/1/0 combo somehow prove failure, i don't see how it will do worst than 1st year. So far AW2/1/0 has sold MORE than one year ago during holiday season. Those are facts. And this AW2/1/0 combo growth will likely carry on for rest of year because there is no competition.

Again, 1 or 5% (or more) growth of 10-15 millions in one year period is a huge success for any brand on earth not named Apple...especially in a brand new segment!

[doublepost=1485981730][/doublepost]

I think they said that from the very start because the Watch industry is a huge industry in itself and not releasing figures means they can control the media response. Why do they reveal how many iPhones are sold? Why not just say 'we've sold more than last year'? Holding back on certain products just started makes me suspicious they are not doing as well as the hype. I don't necessarily trust Apples cryptic clues to he honest.

They are not releasing it for competitive reasons...again, NOT from poor sales. Why did Fitbit just laid off people and cutting their expenses? Because Apple Watch is failing? Certainly not because Android Wear is catching on! Traditional watch market has shrinked and profits dropping. Why is that? Because Apple Watch is failing?

Even Rolex is not immune: http://www.businessinsider.com/high...enge-rolex-and-other-swiss-watchmakers-2017-1

Yet, we have now facts released from Apple that AW is selling better than ever...despite everyone else shrinking.

But, oh no, we remain skeptical.....

 

[The-Real-Deal82]

I'm skeptical that the AW is stealing sales off Rolex to be honest. More likely Seiko and Casio as they are in a similar price range. They are not even in the same league. My £369 AW is cheap compared to a £9k luxury watch and if I had the cash I know which I would choose.

My company laid 30 people off the week before last due to streamlining production. We had our best year since 2007 so I wouldn't assume Fitbit are in trouble. They seem pretty popular by smart watch standards and I've seen more in the wild than the AW so far.

Finally to add, I have never suggested the AW is failing. I have no idea why that was insinuated in your response?

 

[OllyW]

They are not releasing it for competitive reasons...again, NOT from poor sales.

I don't really understand this. If for example Apple are selling million watches a month are Samsung going to decide they will also go out and sell a million a month too?

And why is it so important to keep the sales of the Apple Watch so secret when it only accounts for a part share of 5% of their overall revenue? Especially when they go out and brag about the sales numbers of the cash cow that provides 69% of the revenue.

 

[jamin00]

Got my Cartier Roadster valued today and only £1700 for resale. Considering it cost £5700 thats crap but I can not find the paperwork so thats reflected. Oh well, have only worn it once in god knows how long.

They do have a very nice 2016 Daytona ceramic bezel though in store

 

[Thai]

Got my Cartier Roadster valued today and only £1700 for resale. Considering it cost £5700 thats crap but I can not find the paperwork so thats reflected. Oh well, have only worn it once in god knows how long.

They do have a very nice 2016 Daytona ceramic bezel though in store

Well, welcome to the frequently misunderstood "Swiss value". Basically, every Swiss (not named Rolex, AP, Patek) take a dump in resale value as soon as you take it out of the store. My Omega HV barely could get 50% value after 1.5 years and was in near-mint condition...thank goodness that i got it from a fire sale from a bankrupt jewelry store at 50% off. Rolex, renowned for their lasting value, drops in resale value as well....but not as dramatic as the other Swiss...and if your Rolex is a gold model (not named Daytona), good luck getting even 50% resale value!!

 

[The-Real-Deal82]

It's very rare to make a profit on a watch purchase. I only own one Swiss watch that is worth more now than what I paid for it. I doubt my AW will be worth too much either in 4 years time. That's almost throw away by comparison.

 

[Thai]

My company laid 30 people off the week before last due to streamlining production. We had our best year since 2007 so I wouldn't assume Fitbit are in trouble. They seem pretty popular by smart watch standards and I've seen more in the wild than the AW so far.

Did you know that Android rules market share? 80% vs. 15% for Apple or something like that. Does that mean that Android OEMs are making huge profits??? Low end products means minimal profit margins...does not automatically mean success or profitability. In 2014, Xiaomi was crushing the China market...selling buttloads of phones...but their profit margins (1.8% vs. Apple around 30%) were so low that it became unsustainable!!!

 

[jamin00]

My 2008 SS Daytona is worth more than double than what I paid at last time of checking. I have a bi metal Daytona and a bi metal Sub that are going also. Pics earlier on in this thread.

 

[Thai]

I doubt my AW will be worth too much either in 4 years time. That's almost throw away by comparison.

True. It will be worthless except that it can still function as a pretty decent fitness band and tell time...so, still can be useful to someone.

As i said above, the cost of AW in 4 years upgrade is equal to or cheaper than servicing your Swiss.
[doublepost=1485985490][/doublepost]

My 2008 SS Daytona is worth more than double than what I paid at last time of checking. I have a bi metal Daytona and a bi metal Sub that are going also. Pics earlier on in this thread.

Don't look at what a new Daytona cost now and then assume that your old Daytona is worth that much. Go to a watch dealer/3rd party and ask how much he/she wants for your old Daytona...you will be shocked (in a bad way)! Been there, done that.

Your Daytona holds value very well...but i would not go so far to say what you wrote.

 

[The-Real-Deal82]

Did you know that Android rules market share? 80% vs. 15% for Apple or something like that. Does that mean that Android OEMs are making huge profits??? Low end products means minimal profit margins...does not automatically mean success or profitability. In 2014, Xiaomi was crushing the China market...selling buttloads of phones...but their profit margins (1.8% vs. Apple around 30%) were so low that it became unsustainable!!!

Yes I've been around here long enough to know that in infinite detail. I'm not worried about profits to be honest. I was more interested in units sold to see how the AW stacks up to other watches in general.

A lot of this thread has discussed smart watches and how they are affecting traditional watch brands with their presence. Profits mean nothing in that regard as what we really need to know is how many people are wearing smart watches compared to traditional watches in this day and age? I mentioned that the Fitbit is rumoured to be selling more than any other smart watch brand out there. Again my curiosity is how many Apple are selling in comparison. I'm not trying to suggest Apple is doomed, I am an AW owner after all.

 

[Thai]

Yes I've been around here long enough to know that in infinite detail. I'm not worried about profits to be honest. I was more interested in units sold to see how the AW stacks up to other watches in general.

A lot of this thread has discussed smart watches and how they are affecting traditional watch brands with their presence. Profits mean nothing in that regard as what we really need to know is how many people are wearing smart watches compared to traditional watches in this day and age? I mentioned that the Fitbit is rumoured to be selling more than any other smart watch brand out there. Again my curiosity is how many Apple are selling in comparison. I'm not trying to suggest Apple is doomed, I am an AW owner after all.

Sorry for being hard on you. I just get "passionate" in discussions.

Not too long ago, one study found that AW exports exceeded all of Swiss COMBINED: http://seekingalpha.com/article/3978639-apple-watch-still-front-growing-smartwatch-pack

and this was one year ago...and now we know that AW2/1/0 combo has beaten those numbers...what does that tell you about Swiss sales?