gguerini wrote:
To Apple's defense, the Apple Watch costs "only" $399/$429 (depending on the size). The two big features Garmin is adding are Garmin Pay and Music. Both features already exist on the Apple Watch. That's why I still don't understand why the 945 will cost $599.
Apple prices their watches knowing that once they have the hardware on your wrist, they're likely to garner significant residual income from you over time on app store and itunes store purchases, plus subscriptions like apple music, icloud, etc. Also, they know you're more likely to purchase one of their phones the next time you need/want to upgrade.
Garmin residual income streams aren't even close, so they need to make more on the initial sale.
"They're made of latex, not nitroglycerin"