Is anyone going to buy the iWatch?

Interested to hear all of your thoughts on the Apple iWatch. It is available in a month and I think it has the potential to be a very cool product.

If you see someone wearing one, what will your first thought be?

 

Well if by cool you mean 18K rose gold cladding and a swatch watch band for 10k then by all means its cool. Aside from the fact that anyone who wears one of these things will be the biggest blowhard douchebag on the planet, it looks super promising. If you want a watch buy an actual watch. Don't spend how ever much the base model will cost on something that will need to be thrown out in a year to be replaced by planned obsolescence manufacturing model. Spend your money on a classic and timeless timepiece.

Follow the shit your fellow monkeys say @shitWSOsays Life is hard, it's even harder when you're stupid - John Wayne
 

I have so little interest in purchasing an iWatch that I actually have negative interest. Like, I would pay money to not be saddled with one. As nautique said, I have no need for a device to tell me to use my phone. I also agree with EnergyHOU and heister that if you're going to buy a watch then get a classic timepiece (for me it's all about the Rolex).

 
Best Response

Fair enough. Honestly I'm not going to buy an Apple Watch either (at first. I'm sure I'll cave eventually).

@"TNA" - Apple faced similar skepticism with the first iPhone and iPad as well. I remember the sarcasm with the iPhone (why would I pay $599 for a 'smart' phone when I can just carry a phone and an iPod Touch in my pockets), and the iPad (just a big iPod Touch, too expensive, not powerful enough, etc.).

The Watch is Apple's foray into wearables. It may not be a home run immediately, but the Apple brand gives wearables legitimacy. Soon enough companies will be making apps for the Watch and its usage (and utility) will increase until it becomes adopted by the majority.

That's obviously the optimistic scenario, but it's sunny outside and I'm feeling good. Curious to hear others' thoughts.

With regards to innovation - Apple is innovating plenty. The God-like status that Steve Jobs obtained wasn't because he was actually first to market with anything. He was just first to market with a product that consumers actually liked. Before iPods there were still hard drive-based MP3 players. Before iPod Touches there were PDAs. Before iPhones there were other smartphones (...ish. Like Blackberry). And before iPads there were tablet PCs. None of them were 'cool' until Apple created the greater market and overwhelming consumer demand.

I wouldn't dismiss the Apple Watch so soon. Seems needlessly expensive right now, but it just might be the next big thing.

 

Apple used to innovate, now they just come out with incremental annual tweaks to the same products. The iWatch will be bought, but it isn't going to be a game changer like the IPad or IPod was.

Apple is a mature company now. I look elsewhere for innovation.

 
<span class=keyword_link><a href=/company/trilantic-north-america>TNA</a></span>:

Apple used to innovate, now they just come out with incremental annual tweaks to the same products. The iWatch will be bought, but it isn't going to be a game changer like the IPad or IPod was.

Apple is a mature company now. I look elsewhere for innovation.

No large company (even a large technology company) ever innovates their core business.

Microsoft with Operating Systems Salesforce with CRM Oracle with Databases Google with Ads

How can you say the iWatch won't be a game changer? They are going to convince people to start wearing computers - do you understand the implications?

Last thought: Anyone else find it amusing that a bunch of people on an investment banking forum are making fun of people for being conformist?

 

The only amusing thing here is how the same people saying they won't buy it will inevitably be Apple's core demographic for the product.

Actually, something else that's amusing: all these people who want jobs in finance aren't detail-oriented enough to know that it costs $350, and the $10k item isn't what's being marketed to them. I expected this behavior from the "prospective monkey" crowd.

I figure I should chime in with my opinion on it as well, instead of talking out of my ass. I'll get one once I know they're popular enough to own, just like everyone else on here.

 

I probably won't get one, but I think it is the most compelling smart-watch yet. Smart-watches on market so far suck; Moto 360 looks aesthetically better than Apple Watch, but it's feature-set and interactivity is a bit more limited. I think anybody looking to compete on price is just wasting money on inventory. Let's face it, if you're buying a smart-watch, you've got a bit of money to spare. $250 vs $350 is not the point: if you're buying a smart-watch you're at a point where you're really looking to eek out that last bit of marginal utility. I would be scared if I were Fitbit, Jawbone, and especially Garmin sport watches. Apple Watch is probably the best value sports watch out there. Big questions are battery life and smoothness of the interface and the ability of the Watch to recognize voice commands. Watching the keynote, I was actually a little bit intimidated by the Watch. It is so packed with little stuff (some silly and unnecessary like emojis IMO), that the interface almost seems a bit cluttered and could be confusing to learn the intricacies of. All in all, a compelling device. It certainly would be my choice over all fitness monitors and sports watches currently on market, assuming battery life on Apple Watch is actually a day, not that I am in the market for a fitness monitor or a sports watch. I also think they nailed the design for a rectangular watch.

 

You know what's funny about that? I had actually been holding off on buying a jawbone for awhile now waiting to see what Apple would come out with. I bought one probably an hour after Apple's event ended. I don't think I want to go running with that strapped on my wrist, nor do I really want to play sports with it. As I said earlier, that may change if I see it in person.

 

"Apple Watch required some deep innovation. It's a precise timepiece with an incredible ability to customize. It's a new, innovative, intimate way to communicate directly from your wrist" - Tim Cook. What a brilliant "innovation" Apple, bravo .... why the hell would I check my texts/email/maps/heartrate on a goofy looking watch when the iPhone in my pocket does the same thing

Sent from my iPhone
 

I'm really surprised that they didn't mention anything about battery life and is it wi-fi enabled, or do you need a data plan?

When luck shuts the door you gotta come in through the window - Doyle Brunson
 

Give it the design of the Moto 360 and people would be hailing it as the future. Feature set looks impressive (aside from the stupid emoji stuff) and I do like what they've done with the navigation. Will wait for 2nd gen before considering as it doesn't seem like a polished product yet.

I imagine the battery life is terrible currently but they're working on improving it before launch.

 

My issue with the watch is that because it is simply an extension, literally, of your phone for the price it doesn't seem worth it to me. I am fully capable of pulling my phone out when I get an alert and I don't need a scaled down version on my arm. If it were 199 I'd probably consider it, but starting at 350 i'm not all that interested.

What excites me the most would be the mobile payment feature enable on the watch, but If I need my fingerprint to authorize it i'll have to pull out my phone anyway.. again, defeating the point of having both the watch and an Iphone.

Look, I think it is great that Apple is beginning to define the next iterations of wearable tech. But that's all this really is, a test bed for what features to keep and what not for the next versions. Yes, all tech runs that way but I think it is especially the case for this type of wearable tech. I have to see it in person before I make a final judgement about it, as I need to get a feel for the actual sizing on it. That's the biggest concern for me, especially since I'd be really interested in using it to workout.

 
Benjammin822:

The fact that the people on this forum hate it so thoroughly is a pretty strong indicator that it will be an absolute success.

I don't know. Apple fanboi 's will buy it, but apple no longer is the only game in town. Android has caught up and people have migrated away from the iOS system. And how is this different than the Samsung watch our the old ipod mini with a wrist band.

I'm sure every sbux, women's studies, batista will own it. But it's still clown and an niche product.

 

I think watch preference is expression of an individuals personal taste (band options on the apple watch aside), so I don't really understand buying one that every third person on the planet will also be wearing. Although, every asshole on the block has the same Rolex or Omega, so maybe I'm wrong - but at least that's two differing high-end brand options instead of one.

Array
 

Apple kicked ass when the iPhone first came out, but Android and the rest of the pack has surpassed and caught up. The Drones and the uninformed will keep buying it along with beats, but that's not what we are talking about. They aren't doing anything special in an environment where everyone has woken up and is competing fiercely.

It's pretty stuff for people who don't know any better. I'm more excited for the new Motorola Moto, Sony Z3 and Samsung to come out.

This is why people shit on apply fans. It's a cult more than a product. Sorry, but I have a hard time taking Lemmings seriously.

And this is coming from a dude who had two I phones, the 1st Gen pad and a mini. Done with them all. Better products out there.

 

Piece of trash... On the other hand I still can't believe they have not come up with an Apple DSLR...enabling you to post pictures directly to social media apps like Insta, FB, TWTR, through your DSLR directly. I swear people would jump on them.

 
Iloveoptions:

Piece of trash... On the other hand I still can't believe they have not come up with an Apple DSLR...enabling you to post pictures directly to social media apps like Insta, FB, TWTR, through your DSLR directly. I swear people would jump on them.

The iToothbrush is on its way. People will fall over themselves to get this new fangled teeth brushing device.

Gotta love the innovative, ground breaking iWatch...

http://gigaom.com/2013/03/16/why-i-stopped-wearing-my-ipod-nano-as-a-wa…

http://store.sony.com/smartwatch-2-zid27-SW2ACT/cat-27-catid-SmartWear

http://www.bhphotovideo.com/c/buy/Samsung/N/3957447224/Ntt/SASMV7*/Ns/p…

 

Looks like a calculator watch.

Just like Apple...take shit that already exists, make it better and put it in a new shiny wrapper. If I'm going to buy a tech watch it's going to look like it came from a SciFi movie not an expensive calculator watch.

 
chron3k:

A big part of me hopes that the Apple Watch is useless and doesn't take off... I've got way too much money in "conventional" watches to set them aside for this.

I have way more 'invested' in watches than you and I can guarantee you that this won't impact the value of handcrafted watches at all.

If you have real money invested in and have an interest in hand-crafted watches, this should be as much of a threat as the VCR. This is a throw-away toy from a Happy Meal. But, seemingly a cool one.

 

it is about as useful as a cock flavored lollipop. It will have its market, but it isn't my cup of tea.

CNBC sucks "This financial crisis is worse than a divorce. I've lost all my money, but the wife is still here." - Client after getting blown up
 

I think Apple is onto something big but has totally cocked up the design of the watch - it just looks cheap. I personally don't own any "wearable tech" but just looking through the new health app on the iphone, you can easily imagine the possibilities for the health and fitness industry. That is, if Apple ever fixes the API so third party devices can use it. I know there are other apps that do this already but the health app seems unique in providing a seamlessly integrated and user-friendly touchpoint for all of the health/nutrition/fitness data coming from your wearable tech. What Apple really needs to do is build a platform so that ALL watch-makers can convert their products into wearable tech, something like a small HR/blood pressure/accelerometer device that fits under the watch band and talks to the iPhone. Think CarPlay but for watches. If you did away with the screen, user input and operating software you could probably shrink the package enough that it can fit into a standard analogue watch design. This is the same thing I was saying when the Google Glass came out - make it fit into a standard set of glasses and it will be acceptable to normal people. Until then, it's just another product designed by geeks for geeks.

 
Going Concern:
DickFuld:

I'll probably buy one. If not now, generation 2.

Why? Seems like glorified junk

Because I'm a U.S. consumer and buying junk is what we do. I love how Apple will sell millions of these things and every post on WSO makes it sound like nobody will buy them. It's a novelty item. I'll probably buy it and wear it a few times and then forget about it.
 

Apple products have become trendy status symbols. This is why, as much as I hate Apple (I've never bought an Apple product and don't plan on buying any in the future), I won't bet against them. The iWatch will sell -- not because it's an innovative product or especially well-made, but because it's an Apple product. Honestly, Apple deserves a lot of credit for the way they've been able to shape public perception of their devices. To bet on Apple is to bet on the stupidity of humanity, which is never a bad bet IMO.

 

Fuck no I'm not buying it. As someone who buys his electronics for functionality instead of as status symbols, there's no reason for me to buy an Apple Watch when there any number of alternatives out there with more features and a longer battery life at a fraction of the price.

I also agree that Apple is a marketing company first and foremost, and a tech company second. For starters their approach is actually designed to appeal to people who (as a friend of mine puts it) "don't have a functioning brain". (one example: http://www.forbes.com/sites/jaysondemers/2014/07/08/heres-the-simple-se…). They're also extremely good at playing into the hubris of urban white people by branding their products as the ones you need to own if you want to be interesting and unique.

The appeal of them is satirically described by the infamous SWPL book/blog: http://stuffwhitepeoplelike.com/2008/01/30/39-apple-products/

On the surface, you would ask yourself, how is that white people love a multi-billion dollar company with manufacturing plants in China, mass production, and that contributes to global pollution through the manufacture of consumer electronic devices?

Simple answer: Apple products tell the world you are creative and unique. They are an exclusive product line only used by every white college student, designer, writer, English teacher, and hipster on the planet.

You see, a long time ago Apple’s were super popular among layout artists and graphic designers. Then Apple released Final Cut Pro and became the standard for film editors. As a result, lots of creative industries used Apple computers instead of PCs. Eventually, people started making the connection, and all of a sudden all white people need to have a Mac.

 

As someone who was historically an apple hater I will point out:

-- the new iphone works pretty smoothly compared to android trash -- the ipod doesn't really have any competition. Zune lol -- the ipad and apple tv are also pretty nice, haven't used the competition though

I despise macbooks though, so I will agree with you there. I'm an old school windows pc guy.

In summary apple is good for anything where your focus isn't on maximizing raw functionality but on ensuring a smoother user experience

 

Agree on the first point, just picked up an iPhone 6 as an upgrade and the user experience has been flawless. I won't be buying the watch because I don't have a need for it and I'd wait out a generation before reconsidering.

This to all my hatin' folks seeing me getting guac right now..
 

Don't get me wrong, I use a PC but Mac is insanely good for editing and production. If you think about it, unlike other operating systems the Mac OS doesn't have to adapt to all kinds of hardware - it's basically tailored for apple computers but that doesn't mean you can't get the same results with a PC though.

 

That's one of their core competencies, which I'd summarize as marketing, user interface, and external product design. They're smart enough to outsource most of the hardware productionp and design.

There is a catch though. I actually prefer the windows phone and tablets. They're nowhere near as intuitive or easy to use but their productivity capabilities vastly exceed the Iphone. For starters they all include integrated MS Office capability, and you can set them up to automatically sync with your one-drive account. It's got some major advantages. A good example is that it's ridiculously easy to make last minute changes or corrections to an excel document while riding the train or bus to school.

 

I'll definitely try it out. I want to see how comfortable it is on my wrist. Also I want to see if it is something I would wear at the gym. I'm learning towards buying it because of the health aspect.

Robert Clayton Dean: What is happening? Brill: I blew up the building. Robert Clayton Dean: Why? Brill: Because you made a phone call.
 

In response to everyone comparing the iWatch to Rolex, that is not the conversation I was starting. I am not looking at getting the Trinidad James All Gold Everything $10,000 version, rather one around $500 maybe with a leather band and a sport band to wear for fitness and casual reasons.

My take is that Apple is undefeated on releasing new products (iPod, iPhone, iPad, even MacBooks) and I can't see why this one will not be successful even if it takes until the 2nd or 3rd generation. I think sales will be slow initially. It is a whole new challenge with this wearable technology era being brought about. But, if history shows, Apple is pretty good at what they do. Society makes Apple products successful - wait until the app market for this explodes. Great discussion though.

 

I use and like the iPhone and iPad, but I don't think Apple is undefeated in new product luanches. I still have an Apple TV I got as a gift 2-3 years ago and almost never use it. I think there's promise there, but it's not that great now.

My thoughts on the watch are pretty similar. I thought the health/fitness ideas for is sounded pretty interesting, but the current version has been neutered (for various reasons). If in a few generations there is more progress on apps and health/fitness I'd probably be interested, but right now there's not enough substance for me.

twitter: @CorpFin_Guy
 
E.BIT.DA:

In response to everyone comparing the iWatch to Rolex, that is not the conversation I was starting. I am not looking at getting the Trinidad James All Gold Everything $10,000 version, rather one around $500 maybe with a leather band and a sport band to wear for fitness and casual reasons.

My take is that Apple is undefeated on releasing new products (iPod, iPhone, iPad, even MacBooks) and I can't see why this one will not be successful even if it takes until the 2nd or 3rd generation. I think sales will be slow initially. It is a whole new challenge with this wearable technology era being brought about. But, if history shows, Apple is pretty good at what they do. Society makes Apple products successful - wait until the app market for this explodes. Great discussion though.

You're very misinformed so much so that you sound like an ignorant fangirl.

1st, the iWatch SDK has been out for a while, your talk about app base growing is plain idiotic.

2nd, the iWatch is essentially the size of 1.5 quarters, like someone had said, people are going the pay for a device that really adds no value others. Health? Those cool bands with a rectangular bulge you see on your friends wrists while wearing workout clothes is 33% price and has a mature app functionality.

Lastly, despite the Macbooks you see on your campus, that is far from an Apple success. Check the laptop market share and see for yourself.

 

I don't think I will ever hop on the smart watch bandwagon because I really enjoy wearing a traditional wristwatch, both for aesthetics and usability. I already have an iPhone, I don't know why I would spend $500+ on something that does the same thing.

"My name's Ralph Cox, and I'm from where ever's not gonna get me hit"
 

I won't buy one. I think I would only buy a smart wear/gear if it is a smart earpiece (that is connected to almost every electronic devices through one universal OS) like the one in 'Her'. Now that would be convenient. Google Glass is the closest one to that dream, but the design is too geeky.

When I see someone wearing one, I would think that he already got a complete list of Apple devices, from Mac Pro to iPad Air. No further judgments.

Fortes fortuna adiuvat.
 

I plan on getting one - although it'll be at a price point under $500. Most of my outfits don't have pockets to carry around my iPhone, so I just see the Apple Watch as being useful to ping me to go look at my phone. I'm a girl. We wear dresses, and pants with non-functional pockets (read: decorative, they are not actually pockets). Carrying a phone EVERYwhere can get a bit annoying.

 

I'm guessing the screen will be so small that people will still regularly pull their phones out for almost every task. The smartphone was revolutionary because it allowed everyone to easily complete basic tasks on the move (e.g. email, browsing, etc.) without having to pull out their laptop. The gap between having something on my wrist or just pulling my phone out of my pocket is too small for a $300 gadget to make sense, IMO.

The Edition (gold verison) will be the Vertu phone of the 2010s. No functional improvement or build quality over much cheaper alternatives, just a symbol to let people know you have more money than sense.

 

i've never been a watch person. i'm actually now looking to buy a max $45 watch for sports purposes only - unlikely that i'd get the apple watch. that said, i'd probably go to the store to see how it works. cool concept but not something i'd actually want. That said, a family member did mention that they wanted the watch so I may buy it as a gift...so maybe that counts?

 

Why would I need a watch if I have my phone? The only explanation I can think of is for status, and if that was my goal I would buy a Rolex.

I am a blogging intern at Wall Street Oasis. Feel free to follow me to see my weekly posts.
 

From a product POV it is overly costly and frankly I am not impressed with the battery life. However from a market entry POV it is solid. The wearables market is continuing to grow and the Apple watch will enter at the middle price point. Diving into the numbers I would expect very low numbers initially but they will skew upwardly towards the latter part of the year. Around Christmas time a lot of folks will buy one as a gift.

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