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What's interesting is the total revenues. Multiplying price by units sold, Swiss watchmakers sold $20B, and China + HK sold $9B worth of watches [1]. Also, marg
by Scene_Cast2 14y ago
What's interesting is the total revenues. Multiplying price by units sold, Swiss watchmakers sold $20B, and China + HK sold $9B worth of watches [1]. Also, margins are probably higher on the Swiss ones (as Asian watch buyers are typically more price-sensitive, there is more price competition).
[1] https://docs.google.com/spreadsheet/ccc?key=0An1kIBUYv_3ndDNXUmZzWHFSQ1YzT29FZnNTN1VHamc&usp=sharing https://docs.google.com/spreadsheet/ccc?key=0An1kIBUYv_3ndDN...