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Audemars Piguet

If your point is that there are many in the market who are just sheep and followers

 

or merely following the dollar signs, I agree without reservation or qualification.

My earlier post took issue with your statement (made again above) that RO prices "followed" "rocketed Nautilus" prices.

I would argue that Nautilus prices were soft for MANY DECADES before the RO prices started rising just before the 40th anniversary.

So the Nautilus followed the rise of the RO?

Either way I really don't care, just trying to get the historical facts correct.  You seem to have issues with the RO (and its role in AP history) yet seem to be okay with the same dynamics of Nautilus vis a vis its place in PP history and secondary pricing vis a vis "anniversary"...

On a purely personal level, I never really cared for the RO and slightly preferred the Nautilus until the late 1990's.

I now like both and depending on my mood, I may prefer the more angular and sharper RO or softer and more "rounded" Nautilus (Ferrari vs Lamborghini) but not much more than both brands more classical lines...

I've been watching and "collecting" since 1976; it's been an interesting unfolding "movie."

Cheers,

TM

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17 Comments view entire thread 

AP CEO Francois-Henry Bennahmias was on CNBC tv this past Friday

 
By: AnthonyTsai : December 18th, 2016-11:20
I actually saw Mr. Bennahmias on CNBC when it was aired since I have CNBC on all day when I'm trading. Most of the times, watch brand CEO interviews are just "fluff" interviews, but this specific interview with Francois was pretty good and full of info. I...  

Thanks for the link

 
By: Joepny : December 18th, 2016-15:30
I had high hopes to hear something very honest and revealing but it was mostly safe corporate marketing speak. Do give Mr Bennahmias credit for confirming multiple times that AP makes 40K watches annually and they are not yet a billion dollar company. It ... 

They should build a statue to honor Genta

 
By: piccolochimico (aka dsgalaxy1) : December 19th, 2016-00:44
If it wasn't for his RO's design, they'd've been out of business since long time. AP wants to be in the market for the next century? I'm still waiting for and Edwars Piguet's watch; not a whole line, but at least one. Wow, a young tech billionaire has bou... 

Customers are like sheeps

 
By: piccolochimico (aka dsgalaxy1) : December 22nd, 2016-06:07
They follow the mob. Till 2010 nobody took care of either 15202 or 5402, the only successful RO was the off shore; only after the 40th celebration the prices has risen to insane levels, the only meter people use to give credit to a watch. there are plenty... 

The first Octo wasn't so succesful, imho.

 
By: piccolochimico (aka dsgalaxy1) : December 23rd, 2016-02:59
Much better the last one. However, even RO wasn't successful until the prices start rising (2012): Nautilus led the way

"Nautilus led the way"? "even RO wasn't successful until..."? Really?

 
By: ThomasM : January 2nd, 2017-11:39
Hi, I personally don't care about resale value, even less about what others think about the watch on my wrist, so long as I like it. I am having trouble following your statements (presented as "facts") though - there were long periods (decades) when the N... 

Am i the only who experienced this situations?

 
By: piccolochimico (aka dsgalaxy1) : January 2nd, 2017-12:28
Let's talk about second hand price. I know your policy but let me try to explain it better. RO 14790 was € 4000 in 2005 RO 15202 was € 7500 in 2008. RO 14802 € 10000 in 2009. Those are facts,they were the prices usually paid for a 15202, perfect condition... 

If your point is that there are many in the market who are just sheep and followers

 
By: ThomasM : January 2nd, 2017-12:42
or merely following the dollar signs, I agree without reservation or qualification. My earlier post took issue with your statement (made again above) that RO prices "followed" "rocketed Nautilus" prices. I would argue that Nautilus prices were soft for MA... 

Agree

 
By: piccolochimico (aka dsgalaxy1) : January 2nd, 2017-14:17
You are definitely a forerunner; or a black sheep (it's a praise), depending from the perspective. ;-) Nautilus has always been ahead; sometimes my speech might be misunderstood (always in a hurry, so i need to sum up many thoughts in short sentences). wh... 

I think the RO has always been very successful.

 
By: JerryW : January 2nd, 2017-12:00
It was always a very exclusive piece. By far the best looking Genta design, ever. JerryW

.

 
By: tryerT : December 30th, 2016-19:23
Totally agree. It was the impact of seeing a ROO in the flesh that got me interested in watches in the first place. I think it was on the wrist of some hedge fund guy in 2007! Ha, Bit of a cliche looking back. hardly anyone in finance seems to want to par... 

Honestly...

 
By: Ed Watches : December 24th, 2016-05:43
and with all due respect, I do not quite like his style. Imho, he should try to look much more humble and speak more about customer satisfaction and product innovation, rather than saying how great the company is or what the shareholders expect. And certa...