Re: Apple buying a third of world’s gold to meet demand for iWatch

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flopticalcube

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Re: Apple buying a third of world’s gold to meet demand for iWatch

in response to

Apple buying a third of world’s gold to meet demand for iWatch

QuantumX

posted on Mar 14, 2015 11:34PM

The original article conflates total Apple Watch sales (1m/month) with Edition sales. No way on God's green earth are they going to sell 1m $10000+ watches per month. Even the ones they do will probably eat away at a few other gold bling watches so in some ways displacing gold sales rather than increasing.