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Most entry level swiss watches watches cost more than an apple watch. So I'm not sure how this is relevant.
by jethro_tell 6y ago
Most 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.