The Comeback of the Watch
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19-Sep-2014 -
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Technology
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Transcript of The Comeback of the Watch
What time is it? Oh. It’s 5 past six.
Nowadays people use their smartphone to know what time it is. Sales of wristwatches have declined
since 2005. Being able to tell time is secondary to being fashionably.
Global leaders in watchmaking 2012
Others 30,1%
Swatch Group 18,3%
Richemont 15,7%
Rolex 11,8%LVMH/Bulgari
4,7%Citizin 3,9%
Fossil 5,2%
Seiko 3,4%
Patek Philippe 3,0%
Casio 2,1%
Audemars Piget 1,7%
Source: VLGS
Notice how the number couldn’t even fit in the frame
Within two hours of going live, the Kickstarter project had met the $100,000 goal. Within six days, the project had become the most funded project in the history of
Kickstarter, raising over $4.7 million with 30 days left of the campaign.On May 18, 2012, funding closed with $10,266,844 pledged by 68,928 people.
Seiko unveiled electronicquartz wristwatch in 1969
Casio tookelectronic
watchesto the next
level (1985)
Early ‘disruptors’
Nokia envisionedthe future (2008)
Nokia envisioned the ultimate functionality that nanotechnology might be
capable of delivering: flexible materials,
transparent electronics and self-cleaning surfaces.
But ... too much, too soon.