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Aren't you amazed that the richest billionaire who buys this watch from their palace or skyscraper has only access to the same promotional videos we have? Do th

by tajen 12y ago

Aren't you amazed that the richest billionaire who buys this watch from their palace or skyscraper has only access to the same promotional videos we have? Do they have a personalized purchasing experience? I thought the same when watching golden phone cases for iPhones: However rich you are, what's inside is still the same iOS, with the same usability perks and defects, with the same Flat UI, with the same Appstore apps as everyone. How mundane. I reckon it's excellent that Apple finally addresses the billionaire market with a gold experience. By taking the money where it is, it provides a revenue stream that can fund features that average people will use.

codecondo 12y ago
Fanboy downvotes, can't face the truth.
72deluxe 12y ago
I am always impressed that the same technology is accessible to everyone, well everyone who can afford it. Going out and buying an iPhone is an expensive experience, and likely out of reach for the very poor (I don't have one, I think it's too expensive for what it is), yet given how many I see wandering around here in the UK I am always impressed that the insanely wealthy and the not-so-wealthy get to use the same device. It's kind of reassuring that we all get access to the same software and hardware, even if we use basic Android smartphones instead. It's a bit like the wide access to low-cost flights to Europe; that would have been unthinkable in the 1980s. I always find it oddly refreshing to see! We haven't made the same progress in politeness and kindness to our fellow man, but at least technology is relatively cheap and easily available.
- pjc50 12y ago
  Products are now cheap. Informational products are basically free^. What remains expensive? Property. You have people with iPhones living in cupboards. Food and energy are kind of on the boundary. I regard the increasing fripperyness of high-end dining as a sign that food is still affordable. Services that require an actual educated human in the West are still expensive, e.g. law, medicine. ^with advertising, piracy, privacy loss etc.
noonespecial 12y ago
That's one of the things I like most about technology. It takes things that were formerly available only to the rich and gives them to everyone. The only thing left to them to display their "wealth" is to plate the stuff in gold and glue diamonds to it. Technology makes the rich silly.
mirsadm 12y ago
Apple has pretty decent margins on all their devices. I don't think they need a $10,000 watch to fund R&D.
stephencanon 12y ago
Do billionaires actually want a "personalized purchasing experience"? If I were a billionaire, I'd pay someone else to do all purchasing for me and get on with my life. Even as not-a-billionaire, I would strongly consider paying a lawyer friend to handle large purchases for me. It's just not worth the time or annoyance.
emehrkay 12y ago
"What's great about this country is that America started the tradition where the richest consumers buy essentially the same things as the poorest. You can be watching TV and see Coca-Cola, and you know that the President drinks Coke, Liz Taylor drinks Coke, and just think, you can drink Coke, too. A Coke is a Coke and no amount of money can get you a better Coke than the one the bum on the corner is drinking. All the Cokes are the same and all the Cokes are good. Liz Taylor knows it, the President knows it, the bum knows it, and you know it." -Warhol
- rmxt 12y ago
  Warhol's right, of course, but the bum on the corner is buying the Coke at a much higher relative opportunity cost. The nickel spent on the Coke, was a nickel not spent on "x" other thing that results in personal improvement (housing, clothing, education, etc.). Make what you will of the analogy to implicitly disposable electronics and ~90% of the American population today.
  - Retric 12y ago
    It's somewhat more complex than that. Mexican Coke is slightly different vs canned coke. http://en.wikipedia.org/wiki/Mexican_Coke http://en.wikipedia.org/wiki/Mexican_Coke. Also, restaurants have a fair amount of latitude when it comes to soda machines. So, the bum might be drinking the same thing as a billionaire or a slightly different version. IMO, what's more interesting is that where wine, beer and even water have a fairly stratified market soda is just store brand vs name brand.
    - canvia 12y ago
      There are actually a lot of smaller companies making craft sodas that are of a superior quality to the mainstream brands. They typically use cane sugar instead of high fructose corn syrup, and come in a wider variety of flavors. Plain cola gets boring fast. I much prefer cream sodas and birch or root beers. Here are some examples: http://maineroot.com/ http://maineroot.com/ (uses fair trade organic sugar) https://www.boylanbottling.com/ https://www.boylanbottling.com/ http://reedsinc.com/ http://reedsinc.com/ Personally, I never drink Coke, Pepsi or Dr Pepper products any more. A large part of the cost of those products is relentless marketing, shareholder dividends, and large corporate salaries. They no longer seem to care about delivering a quality product. How can they sell something called ginger ale if it doesn't actually have any ginger? For variety and depth of flavor any money I spend on soda is spent on craft soda.
cschmidt 12y ago
Last night on NPR they were talking about the future of malls, and hence talked some about Apple stores. One of the guest mentioned that they thought Apple would have a "by appointment" shopping process that was more of a luxury experience for the high end watches.
giarc 12y ago
In the watch world, a $10K watch is nothing. Billionaire watch collectors likely don't even have the Apple Watch on their radar.
- und3rw4t3rp00ps 12y ago
  He's right, we don't.
- StevenRayOrr 12y ago
  I don't particular disagree, but I also don't think Apple is going after either "billionaires" or "watch collectors". Not that they would turn away sales from either category, but the Apple Watch Edition seems to be pointed at those that use Apple products already but also happen to have a boatload of cash. I guess I am saying that I see the target market as celebrities.
  - giarc 12y ago
    I'd agree with that. I actually think it was a bad move on their part. By having a $10k watch it draws media headlines away from their consumer product. I've seen many more headlines like "Apple's New $10,000 Watch" rather than "Apple's New Line of Smart Watches". For those that don't follow the technology news closely they may miss the launch of the regular product.
Istof 12y ago
too bad it's not waterproof for the billionaires
nakedrobot2 12y ago
Let's take it one step further. In fact, last week, walking out of my apartment, the guys sweeping the street were taking a smoke break (of course ;) and one of them was fiddling on his iphone. Yes, the guy who cleans the street now has the same complete access to human knowledge in his pocket as the billionaire. The same model. (Ok, the street sweeper probably had an iphone 4, not an iphone 6 plus...)

by tajen 12y ago

codecondo 12y ago

Fanboy downvotes, can't face the truth.

72deluxe 12y ago

I am always impressed that the same technology is accessible to everyone, well everyone who can afford it. Going out and buying an iPhone is an expensive experience, and likely out of reach for the very poor (I don't have one, I think it's too expensive for what it is), yet given how many I see wandering around here in the UK I am always impressed that the insanely wealthy and the not-so-wealthy get to use the same device. It's kind of reassuring that we all get access to the same software and hardware, even if we use basic Android smartphones instead. It's a bit like the wide access to low-cost flights to Europe; that would have been unthinkable in the 1980s. I always find it oddly refreshing to see! We haven't made the same progress in politeness and kindness to our fellow man, but at least technology is relatively cheap and easily available.

pjc50 12y ago
Products are now cheap. Informational products are basically free^. What remains expensive? Property. You have people with iPhones living in cupboards. Food and energy are kind of on the boundary. I regard the increasing fripperyness of high-end dining as a sign that food is still affordable. Services that require an actual educated human in the West are still expensive, e.g. law, medicine. ^with advertising, piracy, privacy loss etc.

noonespecial 12y ago

That's one of the things I like most about technology. It takes things that were formerly available only to the rich and gives them to everyone. The only thing left to them to display their "wealth" is to plate the stuff in gold and glue diamonds to it. Technology makes the rich silly.

mirsadm 12y ago

Apple has pretty decent margins on all their devices. I don't think they need a $10,000 watch to fund R&D.

stephencanon 12y ago

Do billionaires actually want a "personalized purchasing experience"? If I were a billionaire, I'd pay someone else to do all purchasing for me and get on with my life. Even as not-a-billionaire, I would strongly consider paying a lawyer friend to handle large purchases for me. It's just not worth the time or annoyance.

emehrkay 12y ago

"What's great about this country is that America started the tradition where the richest consumers buy essentially the same things as the poorest. You can be watching TV and see Coca-Cola, and you know that the President drinks Coke, Liz Taylor drinks Coke, and just think, you can drink Coke, too. A Coke is a Coke and no amount of money can get you a better Coke than the one the bum on the corner is drinking. All the Cokes are the same and all the Cokes are good. Liz Taylor knows it, the President knows it, the bum knows it, and you know it." -Warhol

rmxt 12y ago
Warhol's right, of course, but the bum on the corner is buying the Coke at a much higher relative opportunity cost. The nickel spent on the Coke, was a nickel not spent on "x" other thing that results in personal improvement (housing, clothing, education, etc.). Make what you will of the analogy to implicitly disposable electronics and ~90% of the American population today.
- Retric 12y ago
  It's somewhat more complex than that. Mexican Coke is slightly different vs canned coke. http://en.wikipedia.org/wiki/Mexican_Coke http://en.wikipedia.org/wiki/Mexican_Coke. Also, restaurants have a fair amount of latitude when it comes to soda machines. So, the bum might be drinking the same thing as a billionaire or a slightly different version. IMO, what's more interesting is that where wine, beer and even water have a fairly stratified market soda is just store brand vs name brand.
  - canvia 12y ago
    There are actually a lot of smaller companies making craft sodas that are of a superior quality to the mainstream brands. They typically use cane sugar instead of high fructose corn syrup, and come in a wider variety of flavors. Plain cola gets boring fast. I much prefer cream sodas and birch or root beers. Here are some examples: http://maineroot.com/ http://maineroot.com/ (uses fair trade organic sugar) https://www.boylanbottling.com/ https://www.boylanbottling.com/ http://reedsinc.com/ http://reedsinc.com/ Personally, I never drink Coke, Pepsi or Dr Pepper products any more. A large part of the cost of those products is relentless marketing, shareholder dividends, and large corporate salaries. They no longer seem to care about delivering a quality product. How can they sell something called ginger ale if it doesn't actually have any ginger? For variety and depth of flavor any money I spend on soda is spent on craft soda.

cschmidt 12y ago

Last night on NPR they were talking about the future of malls, and hence talked some about Apple stores. One of the guest mentioned that they thought Apple would have a "by appointment" shopping process that was more of a luxury experience for the high end watches.

giarc 12y ago

In the watch world, a $10K watch is nothing. Billionaire watch collectors likely don't even have the Apple Watch on their radar.

und3rw4t3rp00ps 12y ago
He's right, we don't.
StevenRayOrr 12y ago
I don't particular disagree, but I also don't think Apple is going after either "billionaires" or "watch collectors". Not that they would turn away sales from either category, but the Apple Watch Edition seems to be pointed at those that use Apple products already but also happen to have a boatload of cash. I guess I am saying that I see the target market as celebrities.
- giarc 12y ago
  I'd agree with that. I actually think it was a bad move on their part. By having a $10k watch it draws media headlines away from their consumer product. I've seen many more headlines like "Apple's New $10,000 Watch" rather than "Apple's New Line of Smart Watches". For those that don't follow the technology news closely they may miss the launch of the regular product.

Istof 12y ago

too bad it's not waterproof for the billionaires

nakedrobot2 12y ago

Let's take it one step further. In fact, last week, walking out of my apartment, the guys sweeping the street were taking a smoke break (of course ;) and one of them was fiddling on his iphone. Yes, the guy who cleans the street now has the same complete access to human knowledge in his pocket as the billionaire. The same model. (Ok, the street sweeper probably had an iphone 4, not an iphone 6 plus...)