Swatch stock plunges 14% as the Swiss maker of Omega and Tis
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Swatch stock plunges 14% as the Swiss maker of Omega and Tissot timepieces said earnings slid 50 percent to 60 percent.
http://www.bloomberg.com/news/articles/2016-07-15/swatch-says-first-half-profit-slumped-as-much-as-60-percent
It hasn't even begun
This is Nokia in 2008
Just a reminder, Apple's Q1 2016 watch sales were $6bn and they are now a larger watchmaker than Citizen or Casio
>>55634975
the apple watch isn't even good. Just shows how blindly stupid Applefags follow their religion
>>55634929
Literally fuck off back to >>>/fa/ mactard.
Who buys this shit? I've never seen an Apple watch in public.
>>55635454
I assume people buy them, show them off for a about a week before they realise how useless it is and then never wear them again.
But they still queue up for apple watch 2 when it drops.
>>55635454
Wealthy people maybe
>>55635407
/thread
>>55634929
>Swatch stock plunges 14% as the Swiss maker of Omega and Tissot timepieces said earnings slid 50 percent to 60 percent.
Their shit was always overpriced anyway
The only surprise is that it hasn't happened sooner
It could possibly not have anything to do with apple, maybe consumers are wising up
>>55636351
>maybe consumers are wising up
see >>55634975
Just the same band of retards jumping from one meme brand to another meme brand.
>>55635587
Any idiot with credit. They're what, $400?
>>55636388
Most people wouldn't drop $400 on a watch.
But that's still $6bn less sales for the rest of the watch industry.