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High-End Retail Shops Around the World Preparing to Showcase Apple Watch
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Iphones depreciate slowly in value, watches have more esthetic value so I'd expect an even slower depreciation.
Eventually the aluminium ones may be worth $50-70, but it will take 7 years. By then, I'm sure you will have had your money's worth... You can still buy a "as new" Iphone 4 for $125 bucks and those have not much esthetic value.
Steel/Sapphire ones will depreciate even less. The watch body probably 1/2 its initial price after 7 years. That's not bad at all.
How can you possibly say 7 years, given Apple's history of not even supporting mobile hardware that long? Apple is known to discontinue support for mobile hardware much sooner than that. Besides, this is a new category of devices for Apple. Hardware and software advancements are going to come much more rapidly in the early years of the product's existence. So they are likely to become obsolete much sooner than that.
Because Apple is pursuing a different type of customer with the
WATCH EDITION. A customer who is not interested in gold-anodized aluminum (like an iPhone) or gold-plated stainless steel.Review Apple's marketing pitch for this class of watch - they feel (rightly or wrongly) that it is more than just a tech gadget but a piece of art. The customer they are pursuing (rightly or wrongly) is one who sees this device as bestowing on them exclusivity and status.
Time - and sales figures - will tell how many of these people there are and if there are enough of them to support such a product category from Apple.
If I saw anybody wearing one of these high end watches I would laugh at them. The technology is still too new and the battery life is a waste of time.
Only a person wearing a Patek Phillipe will impress me when it comes to watches.
Only a person wearing a Patek Phillipe will impress me when it comes to watches.
Greeted with a Yawn...
Fashion world greets Apple's highly anticipated watch with a yawn as it's seen as a gadget and NOT this season's must-have accessory.
Apple has made every effort to convince the fashion world that the Apple Watch is the next chic accessory.
Supermodel Christy Turlington Burns became the timepiece's highest-profile advocate from the fashion world when she joined CEO Tim Cook onstage in San Francisco on Monday.
And the company has made a big publicity push in Paris, giving style heavyweights Karl Lagerfeld, Anna Wintour and model Karlie Kloss an advance preview ahead of a display last fall at the Paris boutique Colette.
But has it convinced the fashionistas that the Apple Watch belongs on their wrists? Not so far.
For all of the glitz surrounding the watch's introduction, the multi-tasking timepiece was met in the fashion world on Monday with a yawn.
Members of the style establishment, in Paris for shows from the glittering likes of Chanel, Givenchy and Hermes mostly said they saw the watch as a gadget, not this season's must-have accessory.
Up-and-coming model Julia Van Os dismissed the new device in an interview with Reuters after working the Stella McCartney show inside the ornate Opera house.
'I haven't heard anyone talking about it,' said the Dutch model. 'It's a different world, it's more technology rather than fashion. People don't wear that kind of watch in fashion.
http://www.dailymail.co.uk/femail/a...paign=Feed:+quicksnailsfeed+(quicksnailsfeed)
Fashion world greets Apple's highly anticipated watch with a yawn as it's seen as a gadget and NOT this season's must-have accessory.
Apple has made every effort to convince the fashion world that the Apple Watch is the next chic accessory.
Supermodel Christy Turlington Burns became the timepiece's highest-profile advocate from the fashion world when she joined CEO Tim Cook onstage in San Francisco on Monday.
And the company has made a big publicity push in Paris, giving style heavyweights Karl Lagerfeld, Anna Wintour and model Karlie Kloss an advance preview ahead of a display last fall at the Paris boutique Colette.
But has it convinced the fashionistas that the Apple Watch belongs on their wrists? Not so far.
For all of the glitz surrounding the watch's introduction, the multi-tasking timepiece was met in the fashion world on Monday with a yawn.
Members of the style establishment, in Paris for shows from the glittering likes of Chanel, Givenchy and Hermes mostly said they saw the watch as a gadget, not this season's must-have accessory.
Up-and-coming model Julia Van Os dismissed the new device in an interview with Reuters after working the Stella McCartney show inside the ornate Opera house.
'I haven't heard anyone talking about it,' said the Dutch model. 'It's a different world, it's more technology rather than fashion. People don't wear that kind of watch in fashion.
http://www.dailymail.co.uk/femail/a...paign=Feed:+quicksnailsfeed+(quicksnailsfeed)
South Korea and Japan as well. Those metro Asian markets are godlike in their consumption.
Wait until the gold link and loop bracelets are secretly available in Gold.
Tack on another 10k.
Tack on another 10k.
Because Apple is pursuing a different type of customer with the
Review Apple's marketing pitch for this class of watch - they feel (rightly or wrongly) that it is more than just a tech gadget but a piece of art. The customer they are pursuing (rightly or wrongly) is one who sees this device as bestowing on them exclusivity and status.
how exactly is a mass produced watch from China considered exclusive. They're not hand made and will be churned out in the millions out of one of Apple's Chinese subcontractors.
Right. Or a Rolex or Tag Heuer. An apple watch just screams "trouble finding a date" or "hyper dork".
Best of luck.
I told my wife the price of the new Apple Watch at the top end. She said,
"Good Lord! That's more than we paid for the farm truck. But then not as much as for one of the tractors. But you can be sure I won't be buying you one of those watches!"
Good thing I don't wear a watch...
"Good Lord! That's more than we paid for the farm truck. But then not as much as for one of the tractors. But you can be sure I won't be buying you one of those watches!"
Good thing I don't wear a watch...
I own and use 3GS and I'm happy with it. See, I talk about things I do know...
Doesn't matter tech advancement if it the old tech does what its supposed to be doing, people will still wear it and give it value. The fact that it looks good will just be a bonus. It the case of a watch, esthetics have a very significant value.
I think the aluminum watch will be valued at least 15% of its initial value after 6 years. The steel watch body, will have a slightly higher value after that time (because it will hold up better) of at least 30%. For the gold watch, it will probably at least %60.
The all watches will still have an esthetic value outside their tech value; much higher as you go up the range. Its tech value will be the same as initially, just like I can still use the 3GS.
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Or lots of money and its that or the buying a new tire for the Bentley... Hey, lets just buy the tire and the watch...
People with that much money can buy a yacht if they want a date. Don't need a watch.
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Because Apple is pursuing a different type of customer with the
Review Apple's marketing pitch for this class of watch - they feel (rightly or wrongly) that it is more than just a tech gadget but a piece of art. The customer they are pursuing (rightly or wrongly) is one who sees this device as bestowing on them exclusivity and status.
Time - and sales figures - will tell how many of these people there are and if there are enough of them to support such a product category from Apple.
My guess is they'll sell LOTS, especially in Asia. Probably 250K in the first year. That's 4B+ dollar in gold watches and straps... Probably 2B in profit. Not too shabby.
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You really think all those mechanical watches are "hand made"... Oh, my.
The polishing step is by hand. As per Apple itself.
I share exactly the same thought as you.
These rich folks in China will pay obscene money to make themselves look good.
USD$17k is nothing to them.
Another thought is Apple may offer internal upgrades for a fee keeping the outer case intact when 2nd/3rd generation Apple Watch releases. This is not impossible since they already said this for battery replacement.
If this is true, then 1st Gen will NOT be out-dated.
There may be also a possibility that they can be traded in for upgrade to newer Gen Apple watches.
A lot of our views are based on existing facts we know but they can change.
Here's another thing I'm having a hard time understanding:
The Sport model watch starts at $349. For conversation sake take away $49 for the band and let's say the watch part of the Sport model is $300. That's $300 for the manufacturing, R&D, labor, parts, and all the technology that goes into it. Now the Edition watch is $10,000. Take away $2,000 for the band, just for the sake of conversation. So $8,000 for the watch part of the Edition. Same technology, same R&D, same internals, same function. The only difference is the material it is made of. Is that different material worth $8,000?
Just my two cents, I think Apple should have released the Sport and Watch models this year. See how it goes. Then try out the high end watch next year or a few months down the line. The more I think about it the more I think the Edition could be a source of embarrassment for Apple.
The Sport model watch starts at $349. For conversation sake take away $49 for the band and let's say the watch part of the Sport model is $300. That's $300 for the manufacturing, R&D, labor, parts, and all the technology that goes into it. Now the Edition watch is $10,000. Take away $2,000 for the band, just for the sake of conversation. So $8,000 for the watch part of the Edition. Same technology, same R&D, same internals, same function. The only difference is the material it is made of. Is that different material worth $8,000?
Just my two cents, I think Apple should have released the Sport and Watch models this year. See how it goes. Then try out the high end watch next year or a few months down the line. The more I think about it the more I think the Edition could be a source of embarrassment for Apple.
If you think a few billions in profit is embarassement... OK. But, I don't think so.
It's worth what people are willing to pay. Apple just needs to convince a relatively small number of people that they want this $10K+ watch. If it doesn't sell, it will quietly go away or the price will drop.
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Do you really thing that billions in profit are going to be made from the Edition watch?
Come on man, don't be so quick to defend Apple. It is possible, even for the most profitable company in the world, to be embarrassed once in a while.