WatchProSite|Market|Digest

Horological Meandering

*All* smart watches need tying them to a smart phone...

 
 By: Ornatus-Mundi : March 11th, 2015-12:39
which makes sense given memory, processing power and battery limitations. Today a computer is pretty much useless without being tied to the internet (with the extreme example of Google's Chrome OS), in fact even more objects get their tie ('internet of things').

Moreover, even Google realised that in order to boost sales of Android Watch OS driven devices to meaningful numbers they need to find a way to enable tying to Apple'e iPhone...

So, it is not nonsense but a paradigm change which is pushing forward with force (whether we like it or not).

Magnus

500 million

 
 By: NJ : March 12th, 2015-18:15
Apple has already sold 500 million iPhones and I know very few who do not own one so this is hardly an issue.






On the other hand ...

 
 By: NJ : March 14th, 2015-17:45
if someone calls you, you'll have to talk into the watch and hold the phone to your ear.  Try doing that without looking like an idiot !

Needs an iPhone only...

 
 By: masterspiece : March 12th, 2015-18:54
if you want to use the apps, email notifications, etc., that come with it. Otherwise, you may use it just as a watch.

Aloha,

Bob

I'm not worried, I know many will wear both on either wrist at the same time nt

 
 By: SALMANPK : March 11th, 2015-06:18
nt

The 'NG Hayek Approach' ;-) [nt]

 
 By: Ornatus-Mundi : March 11th, 2015-12:40
No message body

Indeed :-) nt

 
 By: SALMANPK : March 11th, 2015-13:36
nt

or Rock it like...

 
 By: SALMANPK : March 11th, 2015-13:57
MJ








Pics Source: Google Images

S

A new category

 
 By: jkingston : March 11th, 2015-09:50
Actually I don't see that the impact on the traditional Swiss watch industry will be great.  At the low end, a classic Swatch is priced well below the Apple watch.  It offers something radically different..artistic style, interesting themes and colors.  At higher price points, again Swiss watches offer something very different.

The Apple watch, I think, appeals to those who have not been wearing watches at all.  Those for whom the phone is good enough to tell time.  Its appeal is three fold:  first as a cool gadget, second as a demonstration of hipness; three as a convenience so that the owner can be spared the overwhelming burden of fishing the phone out of a pocket or purse.  On the other hand, it will be a pain to have the watch and keep it charged.  UGH.  One more battery to worry about.

I do think the Apple watch will motivate some innovation at the low end of watch market.  But still believe that the main source of demand for these will come from those who otherwise would not buy a watch at all.

We should put all these prognostications in a vault somewhere and examine them 10 years from now to see who got it right.

Jeff

Yes, those who would never consider buying a wrist watch...

 
 By: Ornatus-Mundi : March 11th, 2015-10:52
- are used to smart devices and their daily need to be charged, so I think this is not much of an issue for those customers
- could (subjunctive!) be even attracted to the 'real watch' market, thus bear the potential to adding to the watch industry.

Now, since the launch of the iPhone 5 in September 2012 Apple has sold more than 400 million Apple watch-compatible devices. If only a little more than 5% of the owners buy an Apple Watch we almost have the annual output of the entire Swiss watch industry. These are huge numbers!

And this means, for any other potential players in the market, being from the smart device/computer or watch industry, there is a huge hurdle to achieve critical mass. And thus is the reason why I agree with almost all you wrote - save for your last sentence. The watch industry should streamline efforts now!

Oh, and one thing: the smart watches, particularly the Apple watch, offers something radically different to the centuries old players... ;-)

cheers,
Magnus

The most accurate prediction wins . . .

 
 By: Avatar : March 11th, 2015-20:49
an iwatch.

won't need 10 years NT [nt]

 
 By: tom2517 : March 12th, 2015-03:50
No message body

And it has security issues...

 
 By: jedimaster99 : March 11th, 2015-12:11
Hackers.  And code Crackers, etc.  I test software (IT Quality Assurance), and this would be an interesting device to test all-around.  We thought mobile devices and phones were a challenge, now the Apple watch presents a bit of a new one.  I welcome it (it's my bread and butter), but it will be a challenge nevertheless.

Oh for a simple Timex automatic!  8D

... plus no internet, telephone etc... But yes, another device to attract malicious people [nt]

 
 By: Ornatus-Mundi : March 11th, 2015-12:42
No message body

Quartz crisis cubed

 
 By: HerrK : March 11th, 2015-14:25



Coincidentally wearing my 1973 JLC Chronometre that defied the quartz crisis I read Nick Foulkes article about Sir Jonathan Ive and the AppleWatch last weekend at the dawn of Apple’s entry into the watch market. It was crammed with blatant marketing guff by Sir Jonathan like: “This is difficult to describe and it could be misinterpreted very easily, but there is a sense of almost serving your fellow humans.” Hard to bear!

But then … Eureka! Apple is selling emotions and something to show off with – just like the Swiss watch industry does. Addressing the same target, the watch will have a massive impact on the real watch industry, if Apple can sell the predicted numbers: most people outside this forum do not have a safe full of watches at home, so that every AppleWatch sold to these people will tend to result in a real watch sold less (at least at the first moment).

According to Luhmann's systems theory irritations can lead to an enhancement of a system – let us assume the real watch industry falls within the theory.

 

Cheers

Christian



Gentlemen,

 
 By: dr.kol : March 11th, 2015-16:10

I think most of you totally underestimate the new watch concept. Apple Watch is just the start and nobody knows what we will see in five years or so.

Desk divers wear their Rolex Submariners but I have never seen a real diver who would not wear a dive computer. What if the fashion is changing and everybody who wants to be "modern" starts to wear on their wrists the modern technology. What if in five years it is considered that people wearing a mechanical watch are just relics of Stone Age? What is Apple and the future producers of "smart watches" are employing all movie stars, Formula 1 drivers, football players, etc. as their Brand Ambassadors? What if even a Reverso Smart Watch is developed?

The so called WIS are not a group big enough to keep the Swiss watch industry alive. What is i.e. in China and FE the fashion is turning 180 degrees?

I feel that many lovers of mechanical watches simply try to close the eyes from the changes of the market environment...

In Finland a story is circulating: It was actually Nokia who developed first the touch screen for mobile phones. It was introduced to the CEO of the company, a lawyer who become the CEO "by accident". This gentleman noted, that "nobody will ever use a touch screen because buttons are so much better". Where is Nokia now just some years later; where are all the Nokia phones? Nokia used to be one of the most valuable brands of the world and also one of the most profitable companies. Now it's just ruins what it used to be.

There is for sure no space for arrogance!

Best, Kari

PS. I might buy one more Apple. Around $ 1,000 is simply nothing compared to a decent watch. The savings when not buying one additional watch I might put to a perfect holiday for the whole family, a holiday apartment in Spain, a new car, or... 

But Kari,

 
 By: CaliforniaJed : March 11th, 2015-20:49
Our watches are already relics.  We're wearing centuries old technology on our wrists. Their value and appeal is not challenged by technology.  To the contrary, their appeal is a reaction to the "throwaway" technology of the current age. A smart-[INSERT NAME OF DEVICE] is planned to become obsolete and replaced.  Our watches were obsolete they day we bought them.

The risk, if any, would be if the watch becomes, permanently and pervasively, THE place, and the only place, for wearable tech.  You're all right -- wearable tech is coming, but it will be EVERYWHERE -- in our shoes, our clothes, our glasses, perhaps implanted even, and yes, to an extent, in our watches.  So I suppose there's a risk that smart watches will displace some mechanical watches in the world at large.  But I suspect, as I indicated in my earlier post, that the awareness they will bring to the watch industry, generally, will be far better for mechanical watchmaking than most seem to think.

And if I am wrong and it kills value, I'll die happy with a much bigger collection than I would have had otherwise!

Best,

Jed

The point Kari didn't make . . .

 
 By: Dr No : March 12th, 2015-09:59
. . . but easily could have is that many of us have come to appreciate horology from memories of our fathers' timepieces. 

Two generations hence, memories fond or otherwise will be of smart watches.  The serious threat to mechanical watches isn't now; it's in the distant future.

Art

Perhaps, Art, but I'm not convinced of a 'serious threat'.

 
 By: CaliforniaJed : March 12th, 2015-12:17
Let's take Max Busser as an example. Max Busser describes his MB&F watches as 'machines' and as wearable art. A smart watch doesn't replace our desire for one of his watches by virtue of its utility. Those who find Max's art compelling will continue to do so, even if they also find a smart watch compelling.

We don't 'need' our watches. We 'want' them. The question, really, is does a successful smart watch launch by Apple, or anyone else, make us want them more, or less. I suspect the answer will be more.

Best,

CaliforniaJed

Interesting thought, Art, you evoke the principle of imprinting by Konrad Lorenz...

 
 By: Ornatus-Mundi : March 13th, 2015-14:21
and apply it to watches. Maybe you are right. My first watch at all was a mechanical 'Ruhla' from the now extinct GDR. At the time I was at school I desperately wanted a Casio digital watch - so cool!

Now, I am back to mechanicals... ;-) imprinted? Most likely!

In a few years, when high resolution screens and all these circuits can be sprayed on every surface and on your skin, sentimental memories will revive a the smart watch boom, the 'good old times' when times and displays where not ubiquitary, transient and always available (contrast this to today ;-)).

Cheers,
Magnus

Not so sure Kari......

 
 By: Sandgroper : March 12th, 2015-00:25
I am not that sure that "most of us underestimate" the new watch concept. Perhaps many "of us" are overestimating it!? After all I do remember when these Casio, Pulsar and other brands were coming on the market many years ago. These were novelties, cheap and ugly (most of them) but they probably sold in the millions.

So now we are seeing this new Apple watch. Is it that new? Not in my opinion, it's really a miniature "I Phone" which you strap on your wrist. Given, the design is quite nice, typical streamline Apple, attractive and I am sure, well made as well. However, I don't see anything revolutionary in the watch itself. The "revolutionary" aspect is in the way it is advertising, it is just the logical continuation/reinvigoration of consumerism, a fashion item for most and a tool for sport people obsessed with their heart beat, level of cholesterol, blood pressure etc. so, their Apple Watch will let them know when to see a doctorsmile

What is to be modern? Changing one's I Phone, Smart Phone every 6 months? So the same will happen with the Apple watch! Is this be modern? Due to my strangely wired mind, I believe that, although little by little but surely, the world is changing and humans are becoming more and more aware of the damage we do to the environment, hence, people will want better product which last and not throwaway stuff. Of course, it will take some time, it's all part of the "evolution". For now though, we have this "not that new" concept watch, ok! So what's the big deal???

In the end and as long as human is human, mechanical "time pieces" have a long, long way ahead of them. (in my opinion)

Cheers
Francois

Wearables has huge potential

 
 By: tom2517 : March 12th, 2015-04:10
Some people mentioned google glass and how it failed, but google glass has different issues all together. First of all nobody likes to put glasses or a device on their face if they don't have to, and for those who don't mind, well, other people do mind, they look at you like you are a nut case. 

Wrist wearables are different, it is far less intrusive than a device on your face, and it has a closer contact with your skin, which creates a host of possibilities. 

Apple is trying to sell a new way of behaviour, that's the real selling point, not a watch. How it will evolve, nobody knows, probably not even Apple. People who invented computer and cellphones could not have foreseen all the things it can do nowadays and how they have become a necessity. The same may applies to smartwatches, it may take a little time, but it wouldn't surprise me if one day they also become a necessity. 

Many of you will buy one one day, just don't know it yet. 

Fascinating thoughts, indeed, nobody can foresee where it will lead to!

 
 By: Ornatus-Mundi : March 13th, 2015-14:33

I'm an Apple fan but I don't want "my mother" on my wrist

 
 By: cazalea : March 11th, 2015-18:29
That sums up my feeling but I'll buy one - it's my obligation as a moderator to brave this new world.

Yes, technology revolutionises our life.

 
 By: gup502 : March 11th, 2015-18:55
I have heard many watch nuts been saying they do not want to wear the same watch everybody does.
At one stage, I remember seeing Casio in a number of different places.  I also remember seeing the then very popular black titanium quartz on a great number of young people.  Now they are not ubiquitous.  With a smart watch, it is different.  It integrates somehow with your daily life.  Consumers who buy smart watch has specific needs.
At the quartz era, it is accuracy people were looking for.  Smart phone feeds and provides data and information.

A mobile phone has already given away a lot of our privacy.  Personally, I'd try to be smart enough not to rely on a smart device.

Will eat into market share, but little to worry about until there's an itourbillon

 
 By: Avatar : March 11th, 2015-20:19
They're appealing to different markets in many way, I think.  But it calls into question, interestingly, why consumers buy mechanical watches in the first place.  A good many purchase Swiss watches as mere status symbols.  I know it's not a popular opinion to voice in watch enthusiast circles, but wristwatches are for many little more than baubles that denote their place in the social hierarchy.  An Apple watch could also satisfy that function.  Unsure, however, whether and to what extent Apple has sought to differentiate the entry level steel version of the watch from the aluminium.  Should they not have done so, then the watch's appeal as a status symbol will accordingly be diminished.

Agree with the comment regarding complacency though.  A lot of Swiss watch companies seem to have been content to rest on their laurels, churning out the same old designs over and over again.  I'm all for respecting tradition and tried and true brand designs, but there's been a certain staleness over a few brands' output, I feel.  It would be nice were the introduction of this Apple watch were to serve a shot in the arm for them.  Not that I'm suggesting they start installing smart LCD dials into their mechanical watches or anything, just that they raise their game a little.  As I said, they're appealing to different markets in many respects and there's no reason the two can't sit amicably side by side.

Confused ..

 
 By: NJ : March 12th, 2015-17:28
Frankly, I don't understand the appeal of the Apple Watch as it does little an iPhone will not.  Also find the styling unattractive and the use of gold utterly inappropriate to an item produced by a company otherwise quite dedicated to Ulm school, Bauhaus sensibilities.
<< Previous Comments Load More Comments >>