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      06-09-2019, 06:14 PM   #67
GrussGott
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Quote:
Originally Posted by DanG View Post
I don’t know if this is true. Smart phones and Apple watches have definitely hurt the demand for watches. None of my kids nor their spouses wear a watch. They have zero interest in a Rolex even though they could easily afford one.
The demand and secondary markets for Rolexes have been steadily increasing since 1957 and sharply increased in the last 4 years with most steel sports now getting at least $15,000 (more like $17,000), so getting near double MSRP. People buying a $15,000 watch aren't hesitating due to a $400 watch.

More importantly, Apple watches are ridiculous.
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He tries to draw people into inane arguments, some weird pastime of his.