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(Marketwatch)   Rolex is not concerned about a sales decline from the new Apple iWatch, says their time isn't up   (marketwatch.com) divider line 102
    More: Unlikely, decline  
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1692 clicks; posted to Business » on 16 Jul 2013 at 11:38 AM (1 year ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



102 Comments   (+0 »)
   
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2013-07-16 03:30:46 PM
Timex and Microsoft beat Apple.

Of course, the Apple watch craze will last just about as long as this one.

www.mcbroom.biz
 
2013-07-16 03:32:22 PM
I think I'll keep my quartz Rolex.
 
2013-07-16 03:33:29 PM

change1211: Doesn't Rolex just mass produce their watches now?


they've always mass produced them. they're like mercedes or BMW.

patek and lange are like ferrari and koenigsegg.
 
2013-07-16 03:53:05 PM

jvl: The Stealth Hippopotamus: I don't think Rolex, Tag, or Breitling has to worry about the iWatch.

Remember when BlackBerry said the same thing about Apple making a phone? Good times.


Other good times: Apple not worrying about android phones.
 
2013-07-16 04:38:52 PM

FlashHarry: Yellow Beard: I still want a SS Daytona but I just can't bring myself to pay over list to get one

yup. most us retailers have waiting lists for those. crazy.


Looks like retail has jumped since I bought mine in 2009, but Stein Diamonds looks like they're still under retail and these are genuine Daytonas. Plus, no sales tax if you're not in CA.
 
2013-07-16 04:41:51 PM
Since there seem to be a number of knowledgeable watch Farkers in this thread, any thoughts on the Breitling Navitimer World? Pros? Cons? Alternatives?
 
2013-07-16 04:43:41 PM

Tex570: I think I'll keep my quartz Rolex.


A quartz Rolex? That is a rare bird indeed. Mine are both standard Oyster Perpetuals.
 
2013-07-16 04:45:50 PM

BadReligion: Tex570: I think I'll keep my quartz Rolex.

A quartz Rolex? That is a rare bird indeed. Mine are both standard Oyster Perpetuals.


they did make the oysterquartz in the 70s. not my thing, but it has its followers. however - they did make an automatic in the oysterquartz case, the 1530, which is waaaay cool and rare.
 
2013-07-16 04:46:49 PM

IamSoSmart_S_M_R_T: Since there seem to be a number of knowledgeable watch Farkers in this thread, any thoughts on the Breitling Navitimer World? Pros? Cons? Alternatives?


The dial is too busy for my tastes, and Breitlings don't hold their value in the second hand market like a Rolex does, but if you like it, you could be worse for the price.
 
2013-07-16 04:47:21 PM

IamSoSmart_S_M_R_T: Since there seem to be a number of knowledgeable watch Farkers in this thread, any thoughts on the Breitling Navitimer World? Pros? Cons? Alternatives?


IMHO, too big and too busy. if you like breitling, their transocean chrono actually uses an in-house movement, and is way classier, i think.
 
2013-07-16 04:52:20 PM

spawn73: I wouldn't be caught dead with the fashion statement that Apple sends, but hey, people are different.


Cheap plastic in a rubber case sends a real message to the ladies.
 
2013-07-16 05:04:44 PM

BadReligion:
The dial is too busy for my tastes, and Breitlings don't hold their value in the second hand market like a Rolex does, but if you like it, you could be worse for the price.


Thanks for the input! Suggestions on a different (non-Rolex or Omega) brand chrono that holds its value better and has a SS band (I don't like leather) and retails for

a href="http://www.fark.com/comments/7844293/85402081#c85402081" target="_blank">FlashHarry:
IMHO, too big and too busy. if you like breitling, their transocean chrono actually uses an in-house movement, and is way classier, i think.


Thanks for the input as well! Hadn't seen the Transocean Chrono and I DO like the look. I ask you the same question I just asked BadReligion.
 
2013-07-16 05:21:50 PM

IamSoSmart_S_M_R_T: Thanks for the input! Suggestions on a different (non-Rolex or Omega) brand chrono that holds its value better and has a SS band


well the two classics in that genre are the rolex daytona and the omega speedmaster (the "moon watch"). there's always the tag heuer monaco, which is kind of cool. but i'd probably go for a zenith big pilot.
 
2013-07-16 05:22:47 PM
i should specify that neither the tag nor the zenith are likely to hold their value like a rolex or even an omega. (and if you go for the omega, i'd go for the manual-wind version, which is what the actual moon watch was)
 
2013-07-16 05:23:41 PM
the new transocean is too new to judge on value, but as it has a manufacture movement, i'd say that it might actually hold its value better than the two above.
 
2013-07-16 05:29:12 PM

jake_lex: The Stealth Hippopotamus: I don't think Rolex, Tag, or Breitling has to worry about the iWatch.

Yeah, there's an aspirational thing going on with those watches that the iWatch won't be able to match.  After all, a big point of wearing a Rolex is to show the world you can afford a Rolex.


A big point of owning an Apple device for some people is to be seen using an Apple device.
 
2013-07-16 05:31:59 PM

ongbok: A big point of owning an Apple device for some people is to be seen using an Apple device.


you don't think that's waned though? i mean, the iPhone is hardly exclusive anymore.

personally, i use apple stuff because i like their design aesthetic and it (generally) "just works." or it seems to work better than the windows-based alternatives. but it's hardly a little startup  or plucky comeback kid anymore.
 
2013-07-16 05:46:48 PM

jake_lex: The Stealth Hippopotamus: I don't think Rolex, Tag, or Breitling has to worry about the iWatch.

Yeah, there's an aspirational thing going on with those watches that the iWatch won't be able to match.  After all, a big point of wearing a Rolex is to show the world you suck with money.


FTFY
 
2013-07-16 05:56:11 PM
Flash,

Looks as if you know a thing or two about watches, like you, I was fortunate enough to "inherit" a 50+ year old Rolex Air King that I think my father paid like $300 for at the time.  Unfortunately the cleanings haven't kept it running as well as I would have liked but no way in hell I would ever part with it.....

Last month my father also handed me down my great grandfather's Hamilton pocket watch which incredibly still runs like a gem...

There is something about time pieces that has always captured my attention and one day I am going to add a decent grandfather clock to my collection...
 
2013-07-16 06:01:49 PM
 
2013-07-16 06:10:47 PM

jpo2269: Looks as if you know a thing or two about watches, like you, I was fortunate enough to "inherit" a 50+ year old Rolex Air King that I think my father paid like $300 for at the time.  Unfortunately the cleanings haven't kept it running as well as I would have liked but no way in hell I would ever part with it.....

Last month my father also handed me down my great grandfather's Hamilton pocket watch which incredibly still runs like a gem...


very cool. and definitely hang onto them. and do get them serviced.

my father in law received a rolex GMT for his wedding in '69, for which his bride to be paid $300 or so. he wore it every day as a lineman, climbing phone poles and such. beat it to shiat. didn't get it serviced until we did it for him as a father's day gift a few years ago. it was still keeping perfect time (the service was crazy expensive, though - after all, most of the guts had worn away and needed replacing.) however, because it's a rare model, it's worth around $8-10k now. crazy, huh?

/csb
 
2013-07-16 06:11:39 PM
Cool, thanks for the extra input FlashHarry. :)
 
2013-07-16 06:31:30 PM

jvl: The Stealth Hippopotamus: I don't think Rolex, Tag, or Breitling has to worry about the iWatch.

Remember when BlackBerry said the same thing about Apple making a phone? Good times.


There is a difference between a Casio-like calculator watch and a timepiece.  Trust me, Tag isn't concerned of the launch of the iWatch, let alone Rolex.
 
2013-07-16 06:37:14 PM
Nothing too fancy... I have a Victorinox Maverick II, model 241087 watch.  I love it.  If I go higher-tech, I might get a Basis.
 
2013-07-16 06:40:21 PM

Yellow Beard: I still want a SS Daytona but I just can't bring myself to pay over list to get one


I'm not terribly familiar with higher-end watches, so may I ask why you want one?  Performance?  Aesthetics?  Mechanical awesomeness?
 
2013-07-16 06:57:49 PM
Watch thread?

I have the Exclusive Marlboro Swiss Army Watch.
Gotta be worth thousands of $
Keeps great time, new battery/ strap every 2 years. Jeweler loves it.
I wear a Casio/Timex in the summer at Motel Hell because losing it wouldn't be bad.
Rocks Celestial Navigation. I have a Garmin GPS48 to find Hyannis/Nantucket in the fog.
 
2013-07-16 06:59:16 PM
I dropped my watch years ago because of my job.  It just got in the way.  I replaced it with a pocket watch, which I liked much more than a wristwatch. Dropped it once I got a cell.
 
2013-07-16 07:03:39 PM

tennesseemike: I dropped my watch years ago because of my job.  It just got in the way.  I replaced it with a pocket watch, which I liked much more than a wristwatch. Dropped it once I got a cell.


And I cannot see myself putting something on wrist ever again.
 
2013-07-16 07:08:22 PM
I have a rolex, even if you gave me an iwatch or whatever it shall be called, I'd still wear the rolex over the apple device
 
2013-07-16 07:19:27 PM

treesloth: Yellow Beard: I still want a SS Daytona but I just can't bring myself to pay over list to get one

I'm not terribly familiar with higher-end watches, so may I ask why you want one?  Performance?  Aesthetics?  Mechanical awesomeness?


 Pure aesthetics.I have always loved the Daytona. It isn't going to perform better than my sub, date just, or my pasha but the watch geek in me is crying out for it.
 
2013-07-16 07:21:58 PM
Is this iWatch really a thing? Because seriously, I find the idea of an iWatch weird. It's not like you'll be able to use it without also carrying a phone, so other than maybe pinging you that you've got a message, it seems kinda silly.

Unless, of course, Apple's gambit is to make noises that they're doing it and get everyone else to pour money into their own iWatch equivalent, while they do something else.
 
jvl
2013-07-16 07:25:59 PM

farkeruk: Is this iWatch really a thing? Because seriously, I find the idea of an iWatch weird. It's not like you'll be able to use it without also carrying a phone, so other than maybe pinging you that you've got a message, it seems kinda silly.


Yeah. If I want to know the time, who's calling me, who called me, my latest text message, my next appointment, or my flight status, I really prefer to pull my phone out of my pocket. Especially when sitting down.
 
jvl
2013-07-16 07:30:37 PM

JohnnyRebel88: There is a difference between a Casio-like calculator watch and a timepiece.  Trust me, Tag isn't concerned of the launch of the iWatch, let alone Rolex.


*IF* (and it's a big if) the iwatch is sufficiently useful as to be indispensable, every businessman will wear one. Explain to me how Tag fits into a world where everyone is already wearing a non-Tag watch.

(Also, to be honest, Apple could care less about high-end watches. They are interested in being useful to many people. They've never cared about being useful to all people. They won't deliberately kill high-end watches, but they might accidentally the whole thing.)

/ Damn nickel allergy. How do you solve that?
 
2013-07-16 07:36:31 PM

The Stealth Hippopotamus: I don't think Rolex, Tag, or Breitling has to worry about the iWatch.


Exactly.  There's no cross-shopping there.  Anyone who buys an iWatch and compares it to a Rolex or Omega needs to be slapped silly multiple times.
 
2013-07-16 07:39:07 PM
The average price consumers are willing to pay for a watch today, taking into account all models, "from Wal-Mart to Tiffany's," Chatelain says, is $290. But those interested in purchasing an iWatch - which could become an extention of the iPhone or iPad - would likely be willing to pay more, she predicts.

i wish this was the onion, then I might take someone who actually says shiat like that seriously.  $290, really?  That's the average selling price for a watch?  Yah farkin right.  Then to suggest some little LED display with a hilariously vulnerable bluetooth connection to a phone strapped together with some scraps from nike's factory floors is going to try to cost more then that?  That is straight up idiocy, but as its been mentioned a few times in the thread:  Never underestimate the marketing power of iProducts vs their "Look I found some glasses so now I'm a nerd" fanbase.
 
2013-07-16 08:04:06 PM

gingerjet: spawn73: Not true. Apple is a fashion object. That's why people pay more for an Apple MP3 player, or an iPhone.

The 90s called and asked for their lame argument back.

/last time I checked iPods and iPhones cost exactly the same if not cheaper than the competition.


unlocked 16 GB iPhone: $649
unlocked 16 GB Nexus 4: $349
 
2013-07-16 08:17:20 PM

The Stealth Hippopotamus: I don't think Rolex, Tag, or Breitling has to worry about the iWatch.



I don't think they were worried about Swatch during the '80s either.  It's not exactly the same market.
 
2013-07-16 08:18:49 PM
Flash,

That is crazy, but a cool story bro...  Maybe you might have some insight on this... One of the times I had the watch serviced, the watch-man said that the arms on the Air King (I am sure if true other Rolex models as well) back in the day were actual gold, not gold plated.  Is that possible?
 
2013-07-16 08:59:00 PM
Hilarious. The brainwashed haters trash the iWatch, when they don't even know what the thing will do or how much it will cost.
 
2013-07-16 09:12:01 PM

Gimli_Gloin: Timex and Microsoft beat Apple.

Of course, the Apple watch craze will last just about as long as this one.

[www.mcbroom.biz image 490x512]




My god, how many trademarked names can you fit on a watch face? I've seen NASCAR cars with less logos than that.
 
2013-07-16 09:14:17 PM
maybe they should call it teh Louis C.K. clock
his name is so accurate it keeps tiem
 
2013-07-16 09:36:36 PM

bingethinker: Hilarious. The brainwashed haters trash the iWatch, when they don't even know what the thing will do or how much it will cost.


15/100

marks for failure to directly attack the bourgeois Rolex wearers
 
2013-07-16 09:53:00 PM
The iWatch


cdn5.movieclips.com

Is it worth more than $50 in Philadelphia?

www.digital-polyphony.com

Will it get you a motel room in BFE?

kdmuir.com

Will you cherish it enough to hide it up your... Ya know.

/Just imagine if the Swatch brand was started in Croatia
 
2013-07-16 10:51:18 PM
I suspect Apple has taken the name to squat on it.

My iPhone serves as a pocket watch. If I need the time I pull it out and get perfect time. If I need a wrist watch I have a HRM that's also a decent Timex watch.

If I need to look nice I have a Citizen Skyhawk that lays around. I don't need to know what time it is anymore.
 
2013-07-17 12:08:54 AM

technoblogical: gingerjet: spawn73: Not true. Apple is a fashion object. That's why people pay more for an Apple MP3 player, or an iPhone.

The 90s called and asked for their lame argument back.

/last time I checked iPods and iPhones cost exactly the same if not cheaper than the competition.

unlocked 16 GB iPhone: $649
unlocked 16 GB Nexus 4: $349


Galaxy S4 $619
http://www.amazon.com/Samsung-Galaxy-GT-I9500-Factory-Unlocked/dp/B0 0B V1NKCW
 
2013-07-17 08:47:27 AM
Not sure I understand the unlikely tag. Is subby suggesting they are concerned? Cause I'm sure they're not. People with more money than sense will still by their $50K watches.
 
2013-07-17 09:15:39 AM

JohnBigBootay: jvl: The Stealth Hippopotamus: I don't think Rolex, Tag, or Breitling has to worry about the iWatch.

Remember when BlackBerry said the same thing about Apple making a phone? Good times.

Other good times: Apple not worrying about android phones.


If you're going to Apple-hate, at least be accurate about it. Apple has been worried about Android (or something like it) since day one. They've been patent-trolling all their competition since quite literally the day the iPhone was launched. They've chosen to differentiate themselves through iconic design and UX cohesion--fields in which a multi-manufacturer platform like Android operates at a particular disadvantage. Their walled-garden ecosystem was designed from the ground up to disincentivize customers from switching to open ecosystems like Android.  Steve Jobs himself vowed to launch a "thermonuclear war" on Android. 21st-century Apple is guilty of many sins, but laughing off competition is not one of them.

Except for their disregard for the 7-inch tablet space.
That was a farkup.
 
2013-07-17 09:55:43 AM

IamSoSmart_S_M_R_T: Since there seem to be a number of knowledgeable watch Farkers in this thread, any thoughts on the Breitling Navitimer World? Pros? Cons? Alternatives?


I love it but I'm a Breitling man (SA, SuperOcean and B1). Personally I love the green Super Ocean Heritage on the shark mesh bracelet. Very clean and classic look- probably my next addition. That Navitimer is awesome though, they're busy but I think it's a classic Breitling look.

/probably buy an iWatch too
//love watches
 
2013-07-17 10:31:36 AM

Carth: FlashHarry: Yellow Beard: I still want a SS Daytona but I just can't bring myself to pay over list to get one

yup. most us retailers have waiting lists for those. crazy.

Why would someone spend that much on a Rolex and not buy an IWC? I always wonder when i see  Rolexes if the person actually likes watches or just likes expensive things.


Eh....I prefer my Omega. Spaceflight qualified!

  But IWC makes some nice looking wristwatches.
 
2013-07-17 10:53:09 AM

pkjun: Apple is guilty of many sins, but laughing off competition is not one of them.


Fair point.

Except for their disregard for the 7-inch tablet space.
That was a farkup.


Agreed. As was resisting the market obviously clamoring for larger screen phones.
 
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