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i dont think showing a brands secondary value drop off post peak hype is a fair assessment, good luck getting one at retail and they still trade over list. A cash grab is a cash grab fine, but its not like they are going to use it to reinvest in their manufacturing capabilities to increase their produciton.
They just opened a new facility in Meyrin to increase production, plus the Arc in Brassus, and the Mussee a few years back. They need it for mortgage payments !!
And the current target audience is getting to old and/or extinct, they lost the flippers and grey dealers because there`s no more cash grab for them, so they need Swatch to find a newer and younger audience. Smart move by AP, they tried to turn things around with the Code, didnt work i guess.