> I don't think the wearables market is really that valuable.
Hasn't the Apple Watch been outselling Rolex etc.?
https://www.businessinsider.com/apple-outsold-the-entire-swi...
Hasn't the Apple Watch been outselling Rolex etc.?
https://www.businessinsider.com/apple-outsold-the-entire-swi...
Nobody can tell you how many Rolexes there are in total, let alone the sales figures of a specific model of a Rolex. That's partially what makes them so valuable. People usually don't change Rolexes every year when the new model is out.
It's incredible how normal it has become to switch out $500-$1200 products at such a cycle. Wasteful, next to no functional gain (certified electro-cardiography being exempt in my books), supporting narcissism...
It's consumerism to the max. We should all take a step back and think about what we are doing.
But in the case of the Apple Watch, I think this replacement cycle is the same as most jewelry/fashion items.
The only people I see wearing watches are business people who wear suits to work or work outdoors (people in the military). That's only a small percentage of people with a ~$100 product.
I'd actually bet that phones will be supplanted by a combination of smartwatch + smartglasses in the future.
If you have ever detachedly watched a crowd of people holding out these slabs in their hands and craning their necks over them, you might agree that it looks rather archaic and is begging to be put out of fashion.
The cultural impact is undoubtedly lower.