Apple smartwatch conference - March 9th

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If I buy a $10,000 luxury watch, I can anticipate it working beautifully and maintaining its value for decades. I don't think you can say the same thing about a gen 1 tech product.

If the Edition were for normal people, I would agree.

Once you hit this range of price, the item serves one key purpose: status symbol.

With that said, I think most of the market for luxury watches probably still will go with the timeless timepiece before purchasing a gen 1 Apple Watch. The watch will cater to a unique set of people who are typically both early adopters and status symbol-obsessed.

I figure Apple is saying, fuck it, we'll catch tens of thousands or at most hundreds of thousands, and that alone will make its existence worth it.
 
Yep. I think Apple Watch is Apple's first costly mistake ever. I don't see a market for $350/$400 "active" watches when FitBit, Garmin, and Microsoft Band do it better. I don't see a market for $500-$1000 watches when the Moto 360 does an excellent job, and the Pebble does as well. I don't see a market for a $10,000 limited edition watch.

It will no doubt sell, but there's no way it captures an entire market, or a large chunk of it, like Apple phones and laptops do.

its not really a fitness watch though. It is an everyday watch that happens to have some fitness tracking
 
I don't see why people are getting worked up about the $10,000 watch. It's not for you or me. It's not even for people who would buy a $10,000 watch and plan to keep it for a lifetime. It's for the less than 1% who literally don't even care what the price of the device is.
 
An obsurd amount of money. But let's compare it something more...sensible (if that can be used when discussing luxury watches)

Are your gold Rolex's made in sweatshop like conditions in China?
Is the Apple Watch?

Why would I compare it to something more sensible when the person I was responding states $10k even in the high end/boutique world of watches is crazy?
 
Yep. I think Apple Watch is Apple's first costly mistake ever. I don't see a market for $350/$400 "active" watches when FitBit, Garmin, and Microsoft Band do it better. I don't see a market for $500-$1000 watches when the Moto 360 does an excellent job, and the Pebble does as well. I don't see a market for a $10,000 limited edition watch.

It will no doubt sell, but there's no way it captures an entire market, or a large chunk of it, like Apple phones and laptops do.

The FitBit can notify me of my email?

The Moto 360 can integrate with my iPhone?

Pebble? No-one who really cares what they look like wears a Pebble. The thing has more bezel than screen.
 
If you have $10,000 to drop on a smart watch I doubt you are all that concerned that it will be obsolete in 2 or 3 years. They obviously aren't expecting the common consumer to target that version. It was probably a mistake to mention it at all as now everyone is coming out of the presentation with "$10,000!!" on the brain

Seriously. There was no need to mention it at all.
 
Yep. I think Apple Watch is Apple's first costly mistake ever. I don't see a market for $350/$400 "active" watches when FitBit, Garmin, and Microsoft Band do it better. I don't see a market for $500-$1000 watches when the Moto 360 does an excellent job, and the Pebble does as well. I don't see a market for a $10,000 limited edition watch.

It will no doubt sell, but there's no way it captures an entire market, or a large chunk of it, like Apple phones and laptops do.

You should be comparing the Sport to smartwatches like the Moto 360 as well, it's completely different from the regular fitness bands.
 
$17,000 Version

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There are already better options available at a more affordable price, with more on the way... But it's Apple. It'll sell.

I'm more interested to see what other companies are going to do once Apple starts the smart watch craze. We should see a lot of cool gadgets within the next few years.
 
The Edition isn't targeted at its core audience. The core audience will go for the Sport or normal edition, nothing wrong with having more options.

Even the cheapest model is ridiculously priced. People say the Edition is a status symbol but fail to realize the whole thing is a status symbol. They haven't justified it on a usability standpoint, only a "next Apple product" one.
 
Yep. I think Apple Watch is Apple's first costly mistake ever. I don't see a market for $350/$400 "active" watches when FitBit, Garmin, and Microsoft Band do it better. I don't see a market for $500-$1000 watches when the Moto 360 does an excellent job, and the Pebble does as well. I don't see a market for a $10,000 limited edition watch.

It will no doubt sell, but there's no way it captures an entire market, or a large chunk of it, like Apple phones and laptops do.

It will. Why would someone buy a Moto 360 when they're perfectly happy with their iPhone? The people that will buy this stuff have never heard of Pebble, Microsoft Band or Moto 360. They bought an iPhone because it's easy to use, which none of the above are. With this thing, you'll unpack it, click a button, and you're set. I walked my mom through connecting a Garmin to her iPad... a miserable experience. This stuff is what Apple is about... and a nice looking, feature-rich and most important of all easy to use smartwatch for 350$? This shit will be sold out for months to come.
 
If the Edition were for normal people, I would agree.

Once you hit this range of price, the item serves one key purpose: status symbol.

With that said, I think most of the market for luxury watches probably still will go with the timeless timepiece before purchasing a gen 1 Apple Watch. The watch will cater to a unique set of people who are typically both early adopters and status symbol-obsessed.

I figure Apple is saying, fuck it, we'll catch tens of thousands or at most hundreds of thousands, and that alone will make its existence worth it.

I mean if you're getting a luxury watch in that price range, you're not going to be of much status if you decide to buy an Apple watch over something more established.
 
You can only bemoan one thing at a time here.

Either it requires the iPhone, or it's going to be obsolete in two years.

You should probably bemoan the first one only and forget about the second one.
 
Why would I compare it to something more sensible when the person I was responding states $10k even in the high end/boutique world of watches is crazy?

I've made further amendments afterwards.

Like I said, the piece you posted at least has "premium" complications. This is just a material change.

But eh, I do agree that at that price point it already goes into the range of luxury jewelry and those prices are beyond the scope of what an average person would want.
 
I don't think there will be the cache amongst the ultra rich for owning the watch to justify them buying one.

Who would be impressed by a $10k Apple Watch? I just don't see that impressing their rich friends like fancy expensive watches are supposed to.

I don't care that it exists, but I simply don't see a market for it. But who knows how many they are making and how many they are actually going to sell versus just lending to famous important rich people to wear around town to advertise the product.
 
Apple stock has been dropping slightly.

Investors aren't impressed so far.

Apple stock price has been dropping since about exactly 2pm est when they started talking about Apple Watch.

ITT people who don't understand how stock market works. The market has already priced APPL stock at what's it's worth with watch announcement and 1 surprise. Since nothing new was announced it is dropping slightly to correct. It will climb back up as people build the price back up to the next set of expectations.
 
Overall it was a regular Apple conference. I do like the smarwatch concept but since I'm an Android user this wasn't really for me.

Macbook wise I was hoping for some Pro announcements but I'll guess I'll wait for the Summer. Hopefully by then the USB-C format will be slightly more mature so if they choose to go that direction (hopefully not as radical) I'll have a better notion of alternatives.

The only weird thing was that this Macbook isn't replacing the Air like. I don't get why since they seem aimed at the same audience. Maybe they are waiting for the new Macbook price to get cheaper so they can move it into that segment but right now it seems to be the in the middle of the Pros and Airs in a little awkward stage.
 
ITT people who don't understand how stock market works. The market has already priced APPL stock at what's it's worth with watch announcement and 1 surprise. Since nothing new was announced it is dropping slightly to correct. It will climb back up as people build the price back up to the next set of expectations.

Eh.

I was stating a fact. That's all.

You are jumping to conclusions and making assumptions and acting like a "market guru".
 
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