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And yet, there are detractors such as Fred Wilson, co-founder of venture-capital firm Union Square Ventures, in December declared the Watch a “flop.” Mr
by quanticle 10y ago
And yet, there are detractors such as Fred Wilson, co-founder of
venture-capital firm Union Square Ventures, in December declared the Watch a
“flop.” Mr. Wilson, who owns shares of Fitbit through a fund, had earlier
predicted the Watch wouldn’t be a “home run” like the iPad, iPhone and iPod,
saying many people wouldn’t want to wear a computer on their wrist.
Why should we take the word of Fred Wilson on the Apple Watch when he is an investor in a product that the Apple watch directly competes with? Of course he's going to say that the Apple Watch is bad; he makes a product that competes directly with it! It'd be almost negligent if he didn't.
More generally, I find criticisms of the Apple Watch very similar in overall theme to criticisms of the original iPod. The Apple Watch is derided as over-priced and under-featured, and commentators can't fathom why ordinary people are buying it in such numbers. The original iPod showed that people are willing to pay a hefty premium for a product that offers clear design and ease-of-use benefits. As long as Apple Watch maintains those advantages over its Android counterparts (and fitness tracker rivals), it won't matter one whit if it loses the spec. sheet war.
- mc32 10y agoI think the competitors to the apple watch are much more mature and sophisticated as well as have more mature "ecosystems" compared to the "Rio" or Jukebox MP3 players had.
- snowwrestler 10y agoFred Wilson just does not seem to be a fan of Apple in general. He rage-quit their shares entirely during Steve Jobs' illness and blogged about it. Some sample posts: Fear and Loathing Is Not a Great Brand Image (2007) - http://avc.com/2007/11/fear-and-loathi/ http://avc.com/2007/11/fear-and-loathi/ Does Apple Have A Blind Spot About Flash? (2009) - http://avc.com/2009/02/does-apple-have-a-blind-spot-about-flash/ http://avc.com/2009/02/does-apple-have-a-blind-spot-about-fl... Selling Apple and Google Today - http://avc.com/2009/01/selling-apple-a/ http://avc.com/2009/01/selling-apple-a/ Android and iOS (2013) - http://avc.com/2013/08/android-and-ios/ http://avc.com/2013/08/android-and-ios/