Swiss watch companies target to consumers who appreciate this.
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Some of the most expensive, most lust after watches look like regular $10 timex. The appeal is in the craftmanship of the first example.
Just look at the detail and the chamfered edges inside a case where you don't see it. The chamfered edges are inside the edges on a 30millimenter movement. Then the round polishing of the precious metals. Meticulous.
One of my most cherished watch is a Zenith El Primero. I bought it before it was even noticed in WIS circles. It is the most planest; dullest watch but I like it for it's craftmanship and unique movement.
I'm surprised by all the people who are laughing and saying the iWatch isnt going to be a piece of jewelry like a Swiss watch. Apple has been hiring executives from the fashion industry and taking YEARS to perfect this product. I am certain the iWatch will look NOTHING like any smartwatch we have seen yet. There may be a smart band like the fuelband or gear fit but there will be a very well designed watch that is customizable to be a piece of jewelry.
One thing is likely, this time next week the entire tech world is going to be going crazy trying to copy apple after realizing their product is not at all what people want.
I only wear my Omega when going out to somewhere fancy or an important date. Maybe the iWatch will be more casual-fancy.
The renaissance of the current high end Swiss boom started in the mid 90s during the dot-com era.
You have to see the limitation of the role served by those expensive watches though. Let's assume just for the argument's sake that Apple manages to make a smartwatch with features so good that many people cannot live without, just like the current smartphones.
Once that compelling reason is given, it doesn't matter how nice the current expensive watches are as fashion accessories. People will wear the smartwatches for their functionality, and that means giving up on wearing non-smartwatches because fashion-wise it's not very fashionable to wear more than one watch on your wrist.
Finding that compelling reason is really really difficult and Apple might not be able to do it successfully. However if they do find it, the expensive watches will lose by being disrupted. It's not because the iWatch will be a better fashion accessory than an expensive (insert your favorite watch brand here) but because it serves another role that makes the incumbents unable to compete. A very classic disruption.
Nobody has seen the watch or knows anything about it but let's all agree it sucks right guys?
People that buy $10,000-$50,000 watches aren't going to not buy them because of Apple.
There was an interview with one of the luxury watch vendors CEO back when the first digital watches came out in the 70's. The interviewer asked about the threatening competition from digital watches, and the CEO gave back the answer "We're not in the watch business. We're in the Jewelry business."
The Swiss watchmakers have nothing to worry about.
liquid metal + watch = lawsuit
You do realize that the Swiss makers make watches in low price ranges as well, like Swatch? There are lots of Swiss brands in the $250 - $500 as well. And the Swiss did have trouble back then because of the Japanese when the first digital watches came out. The Swiss were focussed so long on traditional analog watches, while the trend in those days was LCD.
If young people who used to spend $100 - $500 on a watch don't want to wear traditional watches anymore, because a phone and an iWatch are sufficient, then the Swiss makers will feel it in the long run.
People that buy $10,000-$50,000 watches aren't going to not buy them because of Apple.
There was an interview with one of the luxury watch vendors CEO back when the first digital watches came out in the 70's. The interviewer asked about the threatening competition from digital watches, and the CEO gave back the answer "We're not in the watch business. We're in the Jewelry business."
The Swiss watchmakers have nothing to worry about.
The iWatch is a threat to Swiss mechanical watches in the same way as the Segway is a threat to Harley Davidson. They can do different things, and neither of them can do everything the other can.
The limitation of having only one left arm does not stop these enthusiasts from getting a Submariner like Thor Heyerdahl and also a Speedmaster like Neil Armstrong. And if they're so inclined it will not stop them from getting an iWatch to blend in with everyone else in line for the iPhone 6s next year.
Anyway I loved the Samsung presentation of their new Watch... It does this this that and this.... And well also optionally display date and time![]()
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Nice timed leak after the iCloud desaster.![]()