3 ms·
It could happen, but that would be very aggressive and experimental. The perfect watch, the Rolex GMT, has a base price of about 8k in steel, and goes for abou
by carsongross 12y ago
It could happen, but that would be very aggressive and experimental. The perfect watch, the Rolex GMT, has a base price of about 8k in steel, and goes for about 26k in 18k gold, for a 3.5x multiple[1]. (Ignore diamonds, etc. Not relevant to this discussion.)
So a 10x multiple on plain 18k gold over steel would be quite aggressive. And I don't know of any other watch where the exact same base watch is available at 25x less from plain 18k gold. You can get high-quality swiss movement homages to the GMT at around 1k, but they are clearly different watches and movements.
Apple has of course done their homework on it and I have no understanding of the asian market, but if the pricing is that aggressive I would be surprised, particularly with the android competition.
[1] http://www.jomashop.com/rogmii.html http://www.jomashop.com/rogmii.html