”French luxury goods maker LVMH will launch a rival product to Apple Inc’s Apple Watch costing 1,400 euros ($1,526), Jean-Claude Biver President of the LVMH Watch Division told German daily Handelsblatt,” Edward Taylor reports for Reuters.
Taylor lies, “Initial sales estimates based on U.S. online data suggest the Apple Watch has sold poorly since it was introduced in April, due in part to product shortages and that the overwhelming majority of buyers are for the lower priced Apple Watch Sport.”
MacDailyNews Take: That is a bald-faced lie that is refuted here.
Taylor continues, “LVMH, which owns the Zenith, Hublot and Tag Heuer watch brands, welcomed the arrival of the Apple Watch because the marketing power of the Apple brand will help create a new class of clients enthusiastic about luxury watches, Biver told the paper.”
Full article here.
MacDailyNews Take: Total waste of time.
Watch and see.
SEE ALSO:
TAG Heuer plans smartwatch; must not be an Apple copycat, says Jean-Claude Biver – September 14, 2014
Old school watch makers don’t get Apple Watch – September 12, 2014
Apple Watch, the world’s first real smartwatch, will be a massive hit – September 9, 2014
Why I’m not yet sold on the Apple Watch and why Apple offers so many options – September 11, 2014
Apple iWatch designer Jony Ive: Switzerland is in deep shit – September 4, 2014