Fossil Vs Apple

Digital and Smart watches
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koimaster
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Fossil Vs Apple

Post by koimaster » February 16th 2018, 6:37pm

Apple's launch of the Watch in April 2015 has had a profound impact on the watch business. Media attention has focused for the most part on whether Apple poses a threat to Swiss watchmakers. (Not without reason: It is affecting the high-volume, under-$1,000 segment of the Swiss industry.)

But the Apple Watch's biggest impact, as we noted here a few months ago, has been on the watch industry's huge fashion-watch segment, whose leader is the Texas-based Fossil Group. Fossil Group sales, which were at record highs in 2014, have been clobbered since the Apple Watch launch. So has its stock price.

So how goes Fossil's slugfest with Apple? The release of Fossil's 2017 financial results and its earnings call with financial analysts on Tuesday offered some insights.

https://www.hodinkee.com/articles/smart ... pdate-2017
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Re: Fossil Vs Apple

Post by conjurer » February 16th 2018, 7:21pm

artman wrote:My wife didn't wear any of her nice watches for a couple months after she got her Apple. Happy to say that she has come to her senses and now it sits quietly in her box uncharged. Rolex wins!


Like the house in a casino, Rolex always wins. Particularly over a motherfucking goddamn smartfuckingwartche.
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Re: Fossil Vs Apple

Post by TemerityB » February 16th 2018, 8:12pm

I still think this smartwatch vs. actual watch financial thing is a buncha nonsense - two different markets. Funny how nobody mentions Fitbit, whose sales I reckon blow the Apple Watch right out of the water.

As for Fossil's core biz - fashion watches - they oversaturated their own market with products of passable quality - not great, just passable. And getting into smartwatches after Fitbit and Apple Watch cornered the market? See ya later, faux alligator.
Last edited by TemerityB on February 16th 2018, 8:15pm, edited 1 time in total.
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Re: Fossil Vs Apple

Post by smellody » February 16th 2018, 8:13pm

conjurer wrote:
artman wrote:My wife didn't wear any of her nice watches for a couple months after she got her Apple. Happy to say that she has come to her senses and now it sits quietly in her box uncharged. Rolex wins!


Like the house in a casino, Rolex always wins. Particularly over a motherfucking goddamn smartfuckingwartche.


Woo hoo!!
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