So the Apple Watch Edition (Series 0), which was made of "solid gold" cost between $10,000 -$18,000. It was discontinued, reportedly because of low sales.
Now, I always wanted to get one of these watches, but refrained because I'm not an early adopter- I always wait for the masses to beta test them before buying. I'm glad I held off because $12 grand is a LOT of money for a watch that will be obsolete in 4-5 years (which is EXACTLY what happened).
That said, I don't know if damn thing about gold and I'm interested to know how much of the sticker price is raw materials, because it would help me understand Apple decision to ax it. If the watch had $9000 worth of gold in it, maybe customers could trade the device in every 4-5 years for an upgrade and pay a difference (Maybe $3,000 - $6,000?).
OR maybe every 4 generations, Apple could have released a gold Edition (Series 0 | Series 4 | Series 8), which has better tech specs (more storage, faster cpu or more RAM?) or whatever it needed to allow it to be continuously updated until they traded it in and upgraded.
Of course, if the raw gold is only worth $3,000, then it probably wouldn't be worth it for Apple to give you an $8000 credit towards a new watch with a trade in of your old one. Again, I don't know anything about gold, and this was the first product that I really lusted over and I wish Apple had another solution to these issues rather than discontinuing it altogether.
Now, I always wanted to get one of these watches, but refrained because I'm not an early adopter- I always wait for the masses to beta test them before buying. I'm glad I held off because $12 grand is a LOT of money for a watch that will be obsolete in 4-5 years (which is EXACTLY what happened).
That said, I don't know if damn thing about gold and I'm interested to know how much of the sticker price is raw materials, because it would help me understand Apple decision to ax it. If the watch had $9000 worth of gold in it, maybe customers could trade the device in every 4-5 years for an upgrade and pay a difference (Maybe $3,000 - $6,000?).
OR maybe every 4 generations, Apple could have released a gold Edition (Series 0 | Series 4 | Series 8), which has better tech specs (more storage, faster cpu or more RAM?) or whatever it needed to allow it to be continuously updated until they traded it in and upgraded.
Of course, if the raw gold is only worth $3,000, then it probably wouldn't be worth it for Apple to give you an $8000 credit towards a new watch with a trade in of your old one. Again, I don't know anything about gold, and this was the first product that I really lusted over and I wish Apple had another solution to these issues rather than discontinuing it altogether.
