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For many watches are used as a signaling device. That is, an expensive watch indicates to people that you have money. I assume these people aren't going to down
by n72 12y ago
For many watches are used as a signaling device. That is, an expensive watch indicates to people that you have money. I assume these people aren't going to downgrade to an apple watch. I don't know what percentage of watch owners this is or whether it could affect uptake, but it could be factor.
- nilkn 12y agoWhile this might be true on one level, once you get into the realm of $350+ watches it can be very hard (if not impossible) for the casual and uninformed observer to guess whether a watch cost $500 or $5,000. $350 is already more than most people spend on any watch, and that's only the entry-level price -- I imagine some of the more premium versions of the watch are going to be $500+, though that's just speculation. That's quite expensive for a watch for the vast majority of people I think.
- orbifold 12y agoI'm fairly sure chronometers start at >1000$ dollars and truly expensive watches use either expensive metals or gems to signal their value. Also there are no Rolex, Patek Phillipe etc. that have that price. Quartz watches are uninteresting as a status symbol.
- prawn 12y agoI think their premium watches may be more like $1k+ even.