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akirafedor
·I've just had this conversation with ChatGPT, do you think it is true? It just gives me additional feelings about how much the watch market is broken and how much watches are depreciating quickly.
How many watches Longines was making a year in the 40s?
In the 1940s, Longines was producing approximately 100,000 watches annually. The exact number varied depending on the year and circumstances, particularly because production was influenced by World War II. During this time, Longines was a key supplier of watches for military use, including aviation and navigation timepieces, which contributed to their output levels.
By comparison, production had steadily increased after the war as the demand for quality Swiss watches grew globally.
Searched 2 sites
Rolex is estimated to produce around 1 million to 1.25 million watches annually. Despite being a private company that doesn’t disclose exact production figures, analysts use industry trends, dealer activities, and supply chain data to approximate this number. The figure reflects Rolex's effort to balance meeting global demand while maintaining the exclusivity and prestige of its brand
To estimate the cost of a Longines watch from the 1940s in today's terms, we can apply the cumulative inflation rate.
In the 1940s, a high-quality Swiss watch like a Longines might have cost around $100 (a rough approximation based on historical luxury watch prices). Using the U.S. dollar as an example, cumulative inflation from 1940 to 2024 is approximately 1,800%.
How many watches Longines was making a year in the 40s?
ChatGPT said:
In the 1940s, Longines was producing approximately 100,000 watches annually. The exact number varied depending on the year and circumstances, particularly because production was influenced by World War II. During this time, Longines was a key supplier of watches for military use, including aviation and navigation timepieces, which contributed to their output levels.
By comparison, production had steadily increased after the war as the demand for quality Swiss watches grew globally.
You said:
How many watches a year Rolex is currently producing?ChatGPT said:
Searched 2 sites
Rolex is estimated to produce around 1 million to 1.25 million watches annually. Despite being a private company that doesn’t disclose exact production figures, analysts use industry trends, dealer activities, and supply chain data to approximate this number. The figure reflects Rolex's effort to balance meeting global demand while maintaining the exclusivity and prestige of its brand
You said:
How much a Longines watch from the 40s would cost today considering the inflation?ChatGPT said:
To estimate the cost of a Longines watch from the 1940s in today's terms, we can apply the cumulative inflation rate.
In the 1940s, a high-quality Swiss watch like a Longines might have cost around $100 (a rough approximation based on historical luxury watch prices). Using the U.S. dollar as an example, cumulative inflation from 1940 to 2024 is approximately 1,800%.
Calculation:
- Original price: $100
- Inflation-adjusted price: $100 × (1 + 18) = $1,900 in 2024 dollars.
