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Maybe this “space” thinking is wrong. Don’t worry about the “smart watch space”. Worry about making a product that will make a bucket load of cash. Does it matt

Maybe this “space” thinking is wrong. Don’t worry about the “smart watch space”. Worry about making a product that will make a bucket load of cash. Does it matter if the sector is worth much overall when you rake it a butt load of money for yourself?

Apocryphon 3y ago
That’s what I’m getting at. Is the smartwatch market in general really worth all that much money?
- bryanrasmussen 3y ago
  https://www.statista.com/outlook/dmo/digital-health/digital-fitness-well-being/digital-fitness-well-being-devices/smartwatches/worldwide https://www.statista.com/outlook/dmo/digital-health/digital-... Revenue in the Smartwatches segment is projected to reach US$44.91bn in 2023. Revenue is expected to show an annual growth rate (CAGR 2023-2027) of 8.26%, resulting in a projected market volume of US$61.69bn by 2027.
- NavinF 3y ago
  Anecdotally, the Apple Watch is very popular in the bay area. I'd be very suspicious of any claim that Apple didn't make boatloads of money selling it
  - pfannkuchen 3y ago
    Neither butts nor boats are all that large though. Even if Apple has made both boat loads and butt loads of money, we would need to be talking about gigabutts or kiloboats to get anywhere meaningful.
    - swexbe 3y ago
      Maybe it's a butt full of prepaid debit cards?
- usrusr 3y ago
  By that measure, the iPhone is a total failure, together with the smartphone market it created. It pales to insignificance compared to the market for food! And don't even think of looking at the market for shelter, then it's hardly even a joke, why bother. Or maybe that that's not really a meaningful angle of looking at markets? What exactly is the "all that money" you talk about anyways? If Apple's watch division was a separate entity on the stock market and they had inexplicably high valuation I might enthusiastically agree with you, but it's not.
- agentgumshoe 3y ago
  It is while people still have too much money to spend.

Apocryphon 3y ago

That’s what I’m getting at. Is the smartwatch market in general really worth all that much money?

bryanrasmussen 3y ago
https://www.statista.com/outlook/dmo/digital-health/digital-fitness-well-being/digital-fitness-well-being-devices/smartwatches/worldwide https://www.statista.com/outlook/dmo/digital-health/digital-... Revenue in the Smartwatches segment is projected to reach US$44.91bn in 2023. Revenue is expected to show an annual growth rate (CAGR 2023-2027) of 8.26%, resulting in a projected market volume of US$61.69bn by 2027.
NavinF 3y ago
Anecdotally, the Apple Watch is very popular in the bay area. I'd be very suspicious of any claim that Apple didn't make boatloads of money selling it
- pfannkuchen 3y ago
  Neither butts nor boats are all that large though. Even if Apple has made both boat loads and butt loads of money, we would need to be talking about gigabutts or kiloboats to get anywhere meaningful.
  - swexbe 3y ago
    Maybe it's a butt full of prepaid debit cards?
usrusr 3y ago
By that measure, the iPhone is a total failure, together with the smartphone market it created. It pales to insignificance compared to the market for food! And don't even think of looking at the market for shelter, then it's hardly even a joke, why bother. Or maybe that that's not really a meaningful angle of looking at markets? What exactly is the "all that money" you talk about anyways? If Apple's watch division was a separate entity on the stock market and they had inexplicably high valuation I might enthusiastically agree with you, but it's not.
agentgumshoe 3y ago
It is while people still have too much money to spend.