Yup. They thought those rich people would buy dozens of watches each.
Yep, and who in their right mind would pay that much for something that Apple will obsolete in 2 years.
Yup. They thought those rich people would buy dozens of watches each.
And I was just planning to visit.....
The biggest problem with Apple today is that they have a fundamental misunderstanding of their customers.
The biggest problem with Apple today is that they have a fundamental misunderstanding of their customers.
I like my Apple Watch, though happy that reality is setting in, in regards to apple thinking they were a fashion brand and not an electronic consumer company.
Wish they were still a computer company though.
This post makes me sad, especially the last line, but I liked it anyway because truth.Not Apple, but Tim Cook. I am amazed the Board has confidence in him at this point. I guess a high stock price is all it takes to keep his job at this point (even tho the stock under performed compared to the overall stock market itself in 2016).
Apple is now a consumer electronics company and that's all. Sad really to see this new downturn. Apple lacks clear vision towards the future and I doubt anyone in the SVP level has it either (look at how bad the App store in general and review process specifically was until Phil "The Shill" took over).
The Bean Counters are running Apple again. And this time there is no Steve Jobs to come in at the 11th hour to turn things around.
I love the two guys on the bottom left. They just have this look on their face that says "Kill me now, I can't believe this is my life."Or perhaps Apple thinks there is a big market for form over function with the same people that apparently spend tons of money propping up the whole fashion industry, apparently buying stuff like this...
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and
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...and similar. I tend to get around myself but just about never see almost any of that kind of thing "in the wild" (including the relatively, "well-to-do" wilds). And yet year after year, it keeps parading down runways and apparently somebody's- lots of somebodies- buy enough of it to keep the whole cycle going.
In fact, presumably there's so much money in that maybe Apple thought it could take a bite out of those same wallets with a piece of technology for the wrist... by executing a variety of atypical Apple marketing campaigns & strategic placements that seem to be more in line with that kind of prospective buyer.
Did it work? Hard to say. Apparently Apple did sell a lot of watches, including some priced at the highest price points (in spite of having the exact same functionality as those at the lowest price points). Go figure.![]()
My word. This is a perfect post.I like my Apple Watch, though happy that reality is setting in, in regards to apple thinking they were a fashion brand and not an electronic consumer company.
Wish they were still a computer company though.
Doubtful it's poor sales. More likely it's due to Apple now focusing the Watch as a "Fitness" gadget as opposed to a "Fashion" gadget which is something they should have done in the first place
Or perhaps Apple thinks there is a big market for form over function with the same people that apparently spend tons of money propping up the whole fashion industry, apparently buying stuff like this...
![]()
and
![]()
...and similar. I tend to get around myself but just about never see almost any of that kind of thing "in the wild" (including the relatively, "well-to-do" wilds). And yet year after year, it keeps parading down runways and apparently somebody's- lots of somebodies- buy enough of it to keep the whole cycle going.
In fact, presumably there's so much money in that maybe Apple thought it could take a bite out of those same wallets with a piece of technology for the wrist... by executing a variety of atypical Apple marketing campaigns & strategic placements that seem to be more in line with that kind of prospective buyer.
Did it work? Hard to say. Apparently Apple did sell a lot of watches, including some priced at the highest price points (in spite of having the exact same functionality as those at the lowest price points). Go figure.![]()
I have a 38mm gold edition watch. I've been trying to offload for months now and no bites, want to buy it for half of that? lolFunny thing is the solid gold Apple Watches have been selling at auction for upwards of $30K.
Such is the power of discontinuing something high end
I love the two guys on the bottom left. They just have this look on their face that says "Kill me now, I can't believe this is my life."
Or perhaps Apple thinks there is a big market for form over function with the same people that apparently spend tons of money propping up the whole fashion industry, apparently buying stuff like this...
![]()
and
![]()
...and similar. I tend to get around myself but just about never seen almost any of that kind of thing "in the wild" (including the relatively, "well-to-do" wilds). And yet year after year, it keeps parading down runways and apparently somebody buys enough of it to keep the whole cycle going.
Funny thing is the solid gold Apple Watches have been selling at auction for upwards of $30K.
Such is the power of discontinuing something high end
Since Apple's approach to the Watch has changed, this makes sense. The aluminum models seem to be what drives most of the revenue, and they don't really fit in at high-end stores.
It was worth a shot, though.
The biggest problem with Apple today is that they have a fundamental misunderstanding of their customers.
Yep, and who in their right mind would pay that much for something that Apple will obsolete in 2 years.
I might be in the minority here but I really hope this experiment with 'luxury' at Apple is at an end.Doubtful it's poor sales. More likely it's due to Apple now focusing the Watch as a "Fitness" gadget as opposed to a "Fashion" gadget which is something they should have done in the first place
In my opinion, Jony wanted to do it, and that was all there was to it.Apple's approach was completely off the mark, and who in there right mind as a CEO would approve that plan. It's nuts! It's good to take risks, but a 10k watch? 10k watches for celebrities? That is really bad product planning. Makes you think who is really in charge of Apple, because obviously Tim Cook is sleeping on shift.
Reality setting in? I think their egos take longer than that To adjust after only a couple of down quarters.I like my Apple Watch, though happy that reality is setting in, in regards to apple thinking they were a fashion brand and not an electronic consumer company.
Wish they were still a computer company though.
Thank you."Pop-up retail, also known as pop-up store (pop-up shop in the UK, Australia and Ireland) or flash retailing, is a trend of opening short-term sales spaces that started in Los Angeles and now pop up all over..."
https://en.wikipedia.org/wiki/Pop-up_retail