Has your Apple Watch entirely replaced your expensive Swiss watch?

[The-Real-Deal82]

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?

That's fine. I'm passionate about watches and although I like my new AW, I also don't want to see it destroy the Swiss watch industry. Wanting to see sales data is also interesting to me because I want to determine whether I will be buying a replacement in the future.

I see a few people on these threads admitting to leaving amazing watches in drawers or selling them at a loss and I find that immensely sad. I still enjoy my traditional watches and I really hope they maintain popularity. The feedback at Basel 2016 was good. I think both types of watch have their place and suit different occasions. It'll be interesting to see how things pan out.

 

[Thai]

I don't buy things based on how popular it is...if so, then i would buy Android! I buy on need and want. Does AW enhance my daily life and make things easier? Yes, it does. That is why i own one.

My wife and I still have our Rolex(es)...no plan to sell because we won't get back what we paid for them. Even on special occasions, we still wear our Apple Watches. My brother the same...he has Rolex DeepSea and GMT-c in his safe while wearing Apple Watch daily.

 

[The-Real-Deal82]

I don't buy things based on how popular it is...if so, then i would buy Android! I buy on need and want. Does AW enhance my daily life and make things easier? Yes, it does. That is why i own one.

My wife and I still have our Rolex(es)...no plan to sell because we won't get back what we paid for them. Even on special occasions, we still wear our Apple Watches. My brother the same...he has Rolex DeepSea and GMT-c in his safe while wearing Apple Watch daily.

Fair enough, we've got very different outlooks where watches are concerned. I can't justify wearing my AW every day of the week but we are all different.

 

[OllyW]

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?

One thing I've never been able understand is why do so many Apple Watch owners long for it's success to result in failure for the Swiss watch industry?

 

[Thai]

One thing I've never been able understand is why do so many Apple Watch owners long for it's success to result in failure for the Swiss watch industry?

I don't care really...i probably owns more Swiss than some here...but i am just stating facts...since there are some mis-information by some folks.

But then again, some Swiss CEOs made quite embarrassing remarks when Apple Watch came out...so, do you ask those CEOs the same question?

 

[jamin00]

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.
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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.

Brought it for around £5k and was offered just under 10k last time so yea, it's no assumption on that one my friend.

 

[Thai]

Brought it for around £5k and was offered just under 10k last time so yea, it's no assumption on that one my friend.

I would have sold it!
[doublepost=1485993726][/doublepost]Not sure how reliable:

Apple shipped a record-breaking 5.2 million Apple Watch units last quarter, making it by far the most popular smartwatch of the holiday shopping season, according to the latest data from research firm Strategy Analytics. Apple captured an estimated 63.4% of the worldwide smartwatch market during the quarter.

 

[The-Real-Deal82]

I don't care really...i probably owns more Swiss than some here...but i am just stating facts...since there are some mis-information by some folks.

But then again, some Swiss CEOs made quite embarrassing remarks when Apple Watch came out...so, do you ask those CEOs the same question?

I think a lot of those comments were in response to Jony Ive and his comment about how it was going to replace the traditional watch. It was always going to attract negativity from the industry.

I would have sold it!
[doublepost=1485993726][/doublepost]Not sure how reliable:

Apple shipped a record-breaking 5.2 million Apple Watch units last quarter, making it by far the most popular smartwatch of the holiday shopping season, according to the latest data from research firm Strategy Analytics. Apple captured an estimated 63.4% of the worldwide smartwatch market during the quarter.

If that figure is true I can't help but feel a little disappointed. I know we are in the early days though. I suppose in the smartwatch sector that is very good however. I get the impression from reading around that the US is their biggest market and even American posters here admit to seeing a lot of AW's in the wild while they are perhaps rarer in the UK. We are Apples biggest European market apparently.

 

[OllyW]

Not sure how reliable:

Apple shipped a record-breaking 5.2 million Apple Watch units last quarter, making it by far the most popular smartwatch of the holiday shopping season, according to the latest data from research firm Strategy Analytics. Apple captured an estimated 63.4% of the worldwide smartwatch market during the quarter.

Did you notice that according to their figures, overall sales for 2016 were 2 million lower than in 2015?

 

[44267547]

My wife and I still have our Rolex(es)...no plan to sell because we won't get back what we paid for them. Even on special occasions, we still wear our Apple Watches. My brother the same...he has Rolex DeepSea and GMT-c in his safe while wearing Apple Watch daily.

Unfortunately, the Apple Watch is in the same realm . Even the Rolexes will gain more value for initial resell if you so choose to sell one day. But overall, the Apple Watch has a terrible resell value as well. And I own multiple stainless models and they will not hold value because of market saturation and being widely available. Where As a Rolex is more limited.

 

[jamin00]

I would have sold it!

At the time had no intention of selling. Safe in the knowledge when I do sell it as history has shown since I have had this particular watch it has gained in value so lets see what they come back with today.

 

[Thai]

Did you notice that according to their figures, overall sales for 2016 were 2 million lower than in 2015?

When did AW series 2/1 come out?

We knew that already, right? Most of 2016 was slow because customers were waiting for AW series 2 to come out. And this is why this Q4 2016 was the only quarter that truly gauge AW series 2/1 sales.

You have to compare a complete cycle year...such as 2016 vs. 2017.
[doublepost=1486036846][/doublepost]

Unfortunately, the Apple Watch is in the same realm . Even the Rolexes will gain more value for initial resell if you so choose to sell one day. But overall, the Apple Watch has a terrible resell value as well. And I own multiple stainless models and they will not hold value because of market saturation and being widely available. Where As a Rolex is more limited.

Of course. There is no doubt that Rolex holds better value. My Rolex(es) will lose LESS value if i sell it.

Except for (maybe) Daytona noted above, every watch loses value...some more than others. AW probably belongs in the trash can type resale value. But, at the same time, it does not cost thousands and thousands of dollars to buy and then $800+ to service every so often.
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At the time had no intention of selling. Safe in the knowledge when I do sell it as history has shown since I have had this particular watch it has gained in value so lets see what they come back with today.

Not sure, but looking around eBay, Daytonas are certainly not double the value these days from original cost. Maybe back a few years back, Daytonas were hard to come by...and thus resale value exceeded true value. But today, i doubt that you can resale it double value.

 

[OllyW]

When did AW series 2/1 come out?

We knew that already, right? Most of 2016 was slow because customers were waiting for AW series 2 to come out. And this is why this Q4 2016 was the only quarter that truly gauge AW series 2/1 sales.

You have to compare a complete cycle year...such as 2016 vs. 2017.

Don't forget the figures from 2015 only cover an 8 month period, for most of which the Watch was only on sale in a few select countries.

That's quite a drop off from the surge from the initial launch. I wonder if the S1/2 sales will start to slump as much in the Summer as anticipation for a new model increases?

 

[Thai]

Don't forget the figures from 2015 only cover an 8 month period, for most of which the Watch was only on sale in a few select countries.

That's quite a drop off from the surge from the initial launch. I wonder if the S1/2 sales will start to slump as much in the Summer as anticipation for a new model increases?

But that 8 month period was mostly in the first few months of surge as people rush to buy a novelty item. The rest of the time, there is a huge drop off as people waited for series 2.

The bigger picture is how it performs over the whole year with Series 2/1/0.

It will be interesting in April when Tim Cooks will talk about AW sales again (in vague terms)....to see if it sets any record year over year. I would trust that over any 3rd party figures.

 

[the future]

Those numbers from a "research firm" are just estimates anyway and very unreliable. I don't think it makes a lot of sense to discuss based on those guesses.

 

[jamin00]

Not sure, but looking around eBay, Daytonas are certainly not double the value these days from original cost. Maybe back a few years back, Daytonas were hard to come by...and thus resale value exceeded true value. But today, i doubt that you can resale it double value.

Well I certainly wont be judging its value based on what eBay sellers are saying or doing.

Here is one example from a very trusted seller in the UK and I'm sure further a field. http://www.watchfinder.co.uk/Rolex/Daytona/116520/5264/item/82329

They do appear to have dipped a little as Im sure I was seeing them for sale around £12k at the time yet even now it is double what I paid if I do still get around £10K for it.

I am in no way an authority on watches and have not been in to them that long nor in a big way. I buy watches I like really.

 

[BarracksSi]

Those numbers from a "research firm" are just estimates anyway and very unreliable. I don't think it makes a lot of sense to discuss based on those guesses.

Yup.

I also think that the "63%" estimate can be off if Strategy Analytics is [again] grouping the AW with things like the Fitbit Flex (not a smartwatch) and Garmin GPS watches.

 

[Ffosse]

I had a Fitbit Blaze for a while; it was good for tracking but relied on connected GPS via a smartphone for accurate results. And while it had a few smart watch features (notifications, calls) it was poor compared to the AW.

I think the same goes for just about every android wear device out there - they are glitchy, slow and the AW wins hands down. I don't believe they'll get much better with the next version of android wear, either.

Of course, you need an iPhone to get the most out of the AW, but I still think it's the best smart watch out there.

 

[BarracksSi]

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.

5% (I'm sure it's higher, but just making a point here) would be paltry compared to the 17% growth that Fitbit reported. Now, yes, Fitbit had expected much greater growth -- something around 30%, I think -- which, along with their comments about having excess inventory, suggested that they overproduced hardware for the holiday quarter... but still, for most companies, 17% ain't too shabby.

What we can't proclaim is whether the AW's growth is greater or less than Fitbit's. For competitive bragging rights, it would be nice to know. But because they're both growing, and much of the traditional watch industry is sagging (for a variety of reasons), we can still say that the smartwatch market is gaining pretty good traction.

 

[44267547]

Of course. There is no doubt that Rolex holds better value. My Rolex(es) will lose LESS value if i sell it.

Except for (maybe) Daytona noted above, every watch loses value...some more than others. AW probably belongs in the trash can type resale value. But, at the same time, it does not cost thousands and thousands of dollars to buy and then $800+ to service every so often.

You inadvertently skewed my post. Let me clarify. My point is and was for that matter, is the Apple Watch is a superfluous item and always will be. I own five stainless models (Silver/black of both Gens). Anyone purchasing a $600.00 device understands ahead of time it will be worthless in due time. I'm fine with that. I plan on using my Apple Watches until their life span ends, even if that means it could only serve as telling the time, then so be it. I could care less about the resale value, which indicates I "Got my money's worth" if you will. And I have no desire to sell my Apple Watches, based on my liking and I refuse to sell my Apple Watch(es) in Pristine condition based on the general used market value.

A Rolex or any other high end mechanical Watch clearly is superior in the category of resale/heritage, but if it's not seeing use at all, then in my opinion, that Watch has no Value or is worthless to me, regardless of the price tag. I'm not saying it can't be worn for a few weeks, but some have abandoned it all together.

My Non-Apple Watches are not used regularly, but they still serve their purpose in various occasions. I'm favored to the Apple Watch, which I have invested in with an array of bands.

 

[44267547]

Those numbers from a "research firm" are just estimates anyway and very unreliable. I don't think it makes a lot of sense to discuss based on those guesses.

Those numbers generated by analysts are nothing more than mudslinging and wild estimates that have no evidentiary nature.

That said, Where I disagree with you is that doesn't mean this can't serve for discussion and determine where the Apple Watch potential lies in its current state. There Is a lot of good posts on here that have opened up for discussion and conflicting reports. It's fairly interesting to see how the Apple Watch started and where it is today, based on constraint and sales. When all we have is Cook quotes.

 

[jamin00]

Well the 2008 Daytona has gone. I paid £4450 for it and sold it yesterday for £9250 so a little over double what I paid.

Cant argue at that.

 

[Thai]

Well the 2008 Daytona has gone. I paid £4450 for it and sold it yesterday for £9250 so a little over double what I paid.

Cant argue at that.

Nice! Good value buy! Let me see if i can get double on my Apple Watch...any takers here?

 

[jamin00]

PMSL, try it in 8-9 years time if it still works by then

 

[OllyW]

PMSL, try it in 8-9 years time if it still works by then

Stock pile them now, the 1st gens all seem to be going for around a third of the original price.