The upcoming gold Apple Watch is estimated to contain about 29.16 grams of gold, which on its own would be worth about $850 USD at today's prices.
Greg Koenig, co-founder of Luma Labs, calculated the gold content based on his models.
For fun, I took my Apple Watch models and used SW and some basic assumptions to figure the gold content. 29.16g
At today's prices of $39.08 USD / gram at 75% purity (18 karat), that works out to $853.82 USD just for the gold.
Koenig suggests, as others have, that the gold Apple Watch models could cost over $5000.
If anyone thinks Apple is charging less than $5k for the Edition, they are smoking crack. Based on the gold content alone, $5k easy
However, if the gold content is worth less than $1000, it seems as though it's possible the Apple Watch Edition models could be priced lower than that.
Apple is shipping the Apple Watch in April. The company has said that the watch will start at $349. We'll let you know if any more price information becomes available.
Please follow iClarified on Twitter, Facebook, or RSS for updates.
[via Richard]
Greg Koenig, co-founder of Luma Labs, calculated the gold content based on his models.
For fun, I took my Apple Watch models and used SW and some basic assumptions to figure the gold content. 29.16g
At today's prices of $39.08 USD / gram at 75% purity (18 karat), that works out to $853.82 USD just for the gold.
Koenig suggests, as others have, that the gold Apple Watch models could cost over $5000.
If anyone thinks Apple is charging less than $5k for the Edition, they are smoking crack. Based on the gold content alone, $5k easy
However, if the gold content is worth less than $1000, it seems as though it's possible the Apple Watch Edition models could be priced lower than that.
Apple is shipping the Apple Watch in April. The company has said that the watch will start at $349. We'll let you know if any more price information becomes available.
Please follow iClarified on Twitter, Facebook, or RSS for updates.
[via Richard]