3Flushes wrote: ↑
August 23rd 2020, 10:13am
Why would anyone take IWG's numbers at face value when everything else they've ever released is a complete crock of mother fucking bullshit. Swissness, complete fraud, materials used, primarily fraud, warranty repair service, complete fraud. manufacturing, sales, and revenue figures- 100% legit.
So let's take the effluence of that piece of shit's numbers put out with the regularity of his daily deuce for legit. Hell, that folks think 70 mil is lower than they'd expect given the circus, and I've read that several times before, illustrates the efficacy of their overall propaganda campaign.
A different thread on the topic around here lays out the horseshit claim that IWG designs 4,000 new models every year and claims to have sold 40 million watches since 1991. over the course of 30 years, that comes to 1333,333.33 million watches sold per year assuming uniform production over the life of the Lalo iteration of the name.
Ive talked before about how cheap this stuff is to produce- wholesale being 50% off MSRP or in the case of an IWG 50% of the whore out price, is horseshit, VIZ: 70 mil claimed in what I am assuming is gross
rev divided by the 1,333,333.33 watches they would be required to sell annually to meet their lifetime production claim, IWG reveals a cost of a mere $52.50 average wholesale price- that's the average IWG sold
them for if the numbers are accurate. I'd guess the mfg or IWG purchase cost to be substantially less than half of that. Their actual cost probably averages closer to $65-$70 so their real rev could be determined- nothing to sneeze at, regardless.
Not only could they not possibly design 4,000 discretely new models every year, they couldn't even possibly buy 4,000 different jobber models, schlap their name on them, and effectively bring them to market. In fact,, even if every iteration of a model is counted as a discrete model, there is no possible way that IWG has 4,000 different watches in the catalog every year. Not even if they counted the all of the NOS shite they blow out of the back door.
Not even if these numbers were legit.