Apple Live Event - Sept 9th - iPhone 6, iWatch, iPay, etc

Iphone6 is huge disappoint seriously its not revolutionary or evolutionary! It's just a phone running ios8 with a bigger screen.

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This is actually the challenge for watchmakers.

The solution is:

a) Luxury - Watches as Jewelry and status symbols
No one wears a 20K watch because he needs a timepiece.

b) Fashion - Watches as "fun" item to augment fashion. Think "Swatch" stuff.

c) Utility - Very seldom this is needed - divers, maybe.

The watches that are done now are shit for ALL of these reasons.

a) Not expensive enough, also not good looking enough
b) Too expensive
c) Not there yet

::emp::

Muller and others use a $300 ETA movement with perlage or Geneva stripes and the watch sells for $20K. At least Rolex has the 3135 and IWC has their Pellaton. They have some value in the 10-20K range. There are some ruggedized tourbillon models from Mille, etc., that are cool, but pointless.
 
luxury watches are investments. people buy and lock them up because they appreciate.


That statement is almost as retarded as your microencephalitis missive. Watches are generally a shit-investment. Rolex sport models in SS are the exception and do hold their value. Over 10Y you will do a bit better than break-even (5-10%). Not true for virtually any luxury watch brand other than Rolex. Virtually all modern luxury watches will lose value if held over a 5-10Y period (including Patek).
 
the watch companies making people believe that shit is up there with de beers diamond is forever as some of the greatest marketing ever


Tourbillons and minute repeaters are extremely difficult to manufacture and there are perhaps a few hundred people (worldwide) qualified to make them. There are no legit tourbillons in the $5K to $50K range, but the things are a bear to engineer. Look at any high-end movement from Patek, Lange and say that there isn't value there. I am not referring to the $300 ETA 2892 or Val7750 movements.
 
IWC also rams ETAs in to their $5k+ watches (also Panerai, Omega and many others), I love mechanical watches but as far as margins go the higher end ones are on pair with diamonds like harrymouni mentioned.

What does happen as far as value with watches is that certain models do keep their value pretty good (usually used watches). But if you're buying a new watch as an investment you got some bad investment advice somewhere. Even ALS/Patek/AP models are hard to move and will usually depreciate once out of store unless you were lucky with a specific model.
 
Eh you can get a good enough chinese tourbillion for like $500-$1500, look at Aatos and some of the Seagull models, though I'd never personally get either. But they'll get there as far as engineering goes pretty soon, just look at how accurate even the low end chinese mechanisms have become lately (can easily go under +-/5sec day).
 
^ I mean seriously, is Apple even trying?
Apple iPhone 6 vs Sony Xperia Z2 - Phone specs comparison

iPhone has "Oleophobic coating", lol, meanwhile I dropped Z2 in a bucket of hot water for 10 minutes and it was OK.

They dont really need to try. They have a good thing going right now. All they have to do is slowly add a few cosmetic features once a year. If they blow their wad with the minuscule upgrades they would fuck up their annual cash cow.

You wont see apple rock the boat anytime soon. They pretty much have a guaranteed golden goose that shits out golden eggs Q4 each year.
 
IWC also rams ETAs in to their $5k+ watches (also Panerai, Omega and many others), I love mechanical watches but as far as margins go the higher end ones are on pair with diamonds like harrymouni mentioned.

What does happen as far as value with watches is that certain models do keep their value pretty good (usually used watches). But if you're buying a new watch as an investment you got some bad investment advice somewhere. Even ALS/Patek/AP models are hard to move and will usually depreciate once out of store unless you were lucky with a specific model.

I have a Doppel from the 7750 days, but I thought that the new models had Pellatons or at least an in-house mvmt. Anyway, I agree 100% on Panerai. Great finishing, but the standard models have a base movement that can be bought for $60. AP uses DD chrono modules.

If you buy well (40% off) you can do ok.

Edit: Still using the 79230 (high-grade 7750).
 
They dont really need to try. They have a good thing going right now. All they have to do is slowly add a few cosmetic features once a year. If they blow their wad with the minuscule upgrades they would fuck up their annual cash cow.

You wont see apple rock the boat anytime soon. They pretty much have a guaranteed golden goose that shits out golden eggs Q4 each year.

I think the Plus is a pretty big numbered upgrade. 5.5" is bigger than all but the phablet models.
 
I have a Doppel from the 7750 days, but I thought that the new models had Pellatons or at least an in-house mvmt. Anyway, I agree 100% on Panerai. Great finishing, but the standard models have a base movement that can be bought for $60. AP uses DD chrono modules.

If you buy well (40% off) you can do ok.

Their pilots are sweet but yeah I think they put ETAs in Portofinos too. My Omega also has a 7750 but it didn't cost me an arm and a leg so I think it was a fair trade for what I got.

AP and Patek also sourced a ton of their movements from JLC - not that JLC is bad but still, you'd guess you're getting a true in house at that price. Bottom line it's all a farce

What got me with Apple is that they were boasting they'd ruin/disturb the Swiss watch industry with their watch and then they come out with that
 
Their pilots are sweet but yeah I think they put ETAs in Portofinos too. My Omega also has a 7750 but it didn't cost me an arm and a leg so I think it was a fair trade for what I got.

AP and Patek also sourced a ton of their movements from JLC - not that JLC is bad but still, you'd guess you're getting a true in house at that price. Bottom line it's all a farce

What got me with Apple is that they were boasting they'd ruin/disturb the Swiss watch industry with their watch and then they come out with that

Seamaster chrono? I have the ti-version ca. 2000.

I agree 100%. I know a bit about these things and would only buy a Pellaton if buying IWC (Big Pilot) or something exotic. I briefly had a M*lle but it stopped running (broken mainspring, htf does that happen?) and the AD allowed me to return it. Buy used.

I have a Tutima TL that's nearly 20yo and it's never been serviced. Shitty looking Lemania 5100 is indestructible. I need to send it in. I would have, but the tooling is gone and the parts are rare.

lol to the Apple comments.
 
I think the Plus is a pretty big numbered upgrade. 5.5" is bigger than all but the phablet models.

Which was a safe play. These larger phablets have been all over the market for the last 2 years. Apple is just going with the flow. With that said, things like the battery life are exciting upgrades. But it's hard to dispute this was a safe play.
 
Which was a safe play. These larger phablets have been all over the market for the last 2 years. Apple is just going with the flow. With that said, things like the battery life are exciting upgrades. But it's hard to dispute this was a safe play.


Yeah. Smart and safe to offer two models. I am no fanboy. I have Macs because I like to run common apps under BSD and my stuff is tuned to it. I am a unix guy from way back (Sparc20s). I am agnostic on phones, but they seem to have done a good job here. Non-removable batt is stupid. I don't care about fucking up the aesthetic. They probably lose 5% on revs on that alone.
 
Seamaster chrono? I have the ti-version ca. 2000.

I agree 100%. I know a bit about these things and would only buy a Pellaton if buying IWC (Big Pilot) or something exotic. I briefly had a M*lle but it stopped running (broken mainspring, htf does that happen?) and the AD allowed me to return it. Buy used.

I have a Tutima TL that's nearly 20yo and it's never been serviced. Shitty looking Lemania 5100 is indestructible. I need to send it in. I would have, but the tooling is gone and the parts are rare.

Nop it's a Speedmaster variation in all stainless steel here's a pic imgur: the simple image sharer (love me some chrono)

What I like about lemanias and ETAs is they're produced on a such massive scale they're made like tanks, true workhorses and in that regard I like Rolex too since you know it'll work for the next 100 years and you won't have any issues finding a watchmaker that can fix it easily (unlike rare inhouses)
 
Yeah, I think the 3135 is the best movement alive. The only caveats being the rotor running on a jewel and the straight cut gearing (not an epicyclic train), but that a nitpick for movement geeks. I hate their status and marketing, but it's hard to fault the movement.
 
No one would deny these are improvements. But that's about all they are: incremental improvements. What Apple didn't show yesterday, and hasn't shown since the release of the original iPhone in 2007, is true innovation.

Admittedly, Apple is the only company expected to innovate while everyone else is expected to follow suit. But if anything, the past several years have just shown the reverse.

My take could be summarized by the last few paragraphs of this fantastic article about entrepreneur Peter Thiel:

When people look into the future, Thiel explains to me, the consensus is that globalization will take its course, with the developing world coming to look like the developed world. But people don’t focus on the dark, Malthusian reality of what that will mean, absent major technological breakthroughs not currently in any pipeline.

“If everyone in China has a gas-guzzling car, we’ll have oil at $10 per gallon and enormous pollution,” he observes.

But that’s just the start, because without growth there will also be increasing political instability. Instability will lead to global conflict, and that in turn may lead to what in a 2007 essay he referred to as” secular apocalypse”—total extinction of the human race through either thermonuclear war, biological contagion, unchecked climate change, or an array of competing Armageddon scenarios.

“That’s why,” he says, with characteristic understatement and aplomb, “I think the stakes in this are not just, ‘Are we going to have some new gadgets?’”