So is apple not allowed to sell a gold watch?
I just don't get it. Apple has made something that competes with expensive real estate, where people's tastes has a huge impact on a person's purchasing decision. It's a significantly different market that they've ventured into.
My only complaint, if any, would be that they should have probably been more up front about the cost early on so that fewer people would have been letdown by the pricing.
Perhaps I've just misunderstood your stance on the issue.
Well my stance is a bit unclear. I don't fault Apple for making money or for selling products aimed at the very rich. We live in a world where the very rich is increasingly becoming an even more important target demographic. Apple is responding to this and capitalizing on it. If anything, they might have priced the Edition watch too low. It will be interesting to see what the Edition trades for in the market after its release on April 24.
It is just worth noting that this is an Apple product where no middle class person can possibly justify buying it. That is something new. Even a Mac Pro, while expensive, delivers enough long term value that I could see someone who makes $50,000 a year buying it with the financing package and it basically making sense. The Edition (unless it miraculously retains huge amounts of value as a collectors item) would be a disastrous purchase for that middle class person. Apple is now different for having made the Edition.
I guess my main point is that it is ironic that Apple is finally doing a fashion focused marketing campaign after years of what I considered misguided analysis that the iPhone was selling based on it being fashionable.I always thought that Apple didn't even pull out the big guns in trying to make iPhone fashionable.
The Apple Watch is really being launched in a completely bigger way. Isn't this a much bigger push than when the iPad was released? Celebrities didn't get the iPad weeks in advance or in their own special color. But since this is jewelry is makes sense that it is being marketed in a different fashion. But let's just recognize that this is different.