The disruption has been limited to mid-range [traditional] watch market in the U.S. Smart watches and luxury watches cater to two very distinct types of consumers, notably in age and income power. Income power is one of the many factors that matches the sales of all products to the right type of consumer --those with the purchasing power for high-end products will continue to buy luxury watches regardless of price, or real value. I read sometime ago that the SS Rolex Sub --when its MSRP was around $6K USD-- that is was a great $800 watch, and today those in the market for a Sub will even pay over MSRP
(Yes, yes - many of us are aware of inventory controls and its own effect on pricing)
Regardless of how anyone feels, Smart watches are here to stay and current estimates for the future sales of these gadgets, point to further growth and larger market share. Will Smart watches ever compete or threat the luxury watch market? No.
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