The 18-karat version of the Apple Watch could cost around $1,200 when it is released in January, reports TechCrunch.
A jewelry contact familiar with the matter told TechCrunch that the gold, 18-karat version of the Apple Watch could cost around $1,200 retail when it launches in January. This has been corroborated, based on size and weight, by jewelers familiar with the material Apple is using to make its Apple Watch Edition pieces. It should be noted that this is an estimate and the piece could come in well below that price.
The pricing given to TechCrunch is based on making the watch out of solid gold alloy. Chad Rickicki, a watch expert, said that a case the size and shape of the Apple Watch in 18-karat gold would cost around $600 to make.
Apple hasn't reveal much about the pricing of the watch. It only said that the watch will start at $349. However, there are 34 models of the device, including the 'Edition' gold models, which will definitely cost more than that.
We'll let you know more as details emerge ahead of its launch. Please follow iClarified on Twitter, Facebook, or RSS for updates.
I'm sure people will buy. The same people who pay double the price to get the newest iPhone a week earlier.
I'm almost convinced apple doesn't originally plan to make a profit on the Watch. It's purpose is to keep the stock up by "innovating" which is more valuable IMO.
It's not that I hate the Watch. It's just the same as what's out there. I had no problem with the android and Samsung versions. I will most likely buy the sport one for running and sports. In no way can this replace a luxury watch like Rolex panerai etc.
saying the apple watch can't do just the same like all other smartwatches (time, date, call, sms, no apps etc .. to be clear) is the same as saying that iOS8 can't do more than symbian from nokia e71
It makes sense that the pricing would conform to what is expected for a jewelry item rather than a mere electronic device. Besides, gold is still gold whether it be Rokex or Appke.