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Things cost more, and markets are bigger now. It's like comparing wagon sales to automobiles.
by snypher 6y ago
Things cost more, and markets are bigger now. It's like comparing wagon sales to automobiles.
- bobthepanda 6y agoPart of the argument here is that even with pre-existing technologies, the current players have essentially made markets. Smartphones and tablets existed, but consumers didn't buy them in today's numbers until Apple/Android came along.
- jethro_tell 6y agoMost entry level swiss watches watches cost more than an apple watch. So I'm not sure how this is relevant.
- dylan604 6y agoThe price of a Swiss watch means nothing if they don't sell them in quantity. If you build an app that costs $500k to only one user that is still less income than if you sell the app at $5 with 1 million users. That's how it is relevant.
- jethro_tell 6y agoYeah, that's true, but the swiss watch industry still sold 20 million + watches last year. So I still can't see how this applies. It would also probably be fair to say that the swiss watch industry was decimated as carrying a phone became ubiquitous. I think the comparison is relatively apt though. People have one left wrist, and even though the apple watch and a classic watch are different categories. You don't often see people wearing both. So there is competition there for a limited number of wrist slots. And apple is selling more units than team swiss watch. Now, if you wanted to have a conversation about total wrist market share, I'd still guess the swiss watch industry is winning. You don't have to buy a new mechanical watch every other year so units moved isn't as apt a comparison.