Guys just to be clear I wasn't making any value judgments about the Apple Watch. I'm not a potential buyer and I don't think it will replace fine watches for most connoisseurs. I just wanted to point out that I am seeing tons of them and that they are even (or especially) prevalent in the board room at technology companies.
I agree the price discussion is worth having with respect to the mass market but it's irrelevant for the board members for example. If they wanted Rolexes they would have Rolexes. I think the Apple Watches have a certain kind of currency with the sorts of wealthy tech people I see regularly who wouldn't otherwise wear a timepiece, or wouldn't wear a fine timepiece. Like I said, they didn't replace the Rolexes on the board member who has a collection. I see the Apple Watch as being the premium option for people who would otherwise be wearing a Fitbit - and a lot of people in the Bay Area wear fitbits. It's all the more amazing since everyone seems to agree the Apple Watch doesn't really do much right now and isn't that great of a device.
1. Mostly on guy who used to not to wear watch
2. All of them can buy Rolex without blink but they didn't. What that tell me is it is indeed reaching out to people who doesn't wear watch normally
3. Lastly, over 1/2 of them are 40 to 50 years old