Discussion
JREwing said:
Only a couple of people have commented on my Daytona. One is a colleague who's a watch fan himself and another was someone with a fake.
Anyway, we need to get back on topic. Gordon Gekko. Who actually thought the second Wall Street was good?
Total let down of a film. Could have done loads more with Gordon Gekko. Shia LaBeouf was completely unsuitable for his role and I hated the ending. Anyway, we need to get back on topic. Gordon Gekko. Who actually thought the second Wall Street was good?
Mrs GMan said it seemed like they wrote it as it was being made. Also Michael Douglas had all the stuff going on with his son going to prison and it shows in his acting.
The GMan said:
JREwing said:
Only a couple of people have commented on my Daytona. One is a colleague who's a watch fan himself and another was someone with a fake.
Anyway, we need to get back on topic. Gordon Gekko. Who actually thought the second Wall Street was good?
Total let down of a film. Could have done loads more with Gordon Gekko. Shia LaBeouf was completely unsuitable for his role and I hated the ending. Anyway, we need to get back on topic. Gordon Gekko. Who actually thought the second Wall Street was good?
Mrs GMan said it seemed like they wrote it as it was being made. Also Michael Douglas had all the stuff going on with his son going to prison and it shows in his acting.
JREwing said:
They should never have revived it. But then, the original wasn't incredibly good. The Gordon Gekko character was brilliant, as was the style. However I always thought that Bud Fox seemed thin and I didn't like the ending either.
I thought it was OK, and actually quite enjoyed it. Good soundtrack. Worth a watch even if just to spot LeBeef's IWC perpetual calendar and Josh Brolin's VC Les Historiques Americain: both of which are stunning, particularly the VC.
(NB: I've brought this film discussion back to the watch thread....!!!)
michael gould said:
Nothing wrong with Rolex.....well made in-house movements.......but they are made by machines, and they do sell more than 1 million per year.....so hardly exclusive........ive had a sub for 25 years.....still keeps good time and has never let me down
Here we go again - I think we have had this discussion before about Rolex selling more than a million watches a year and concluded with figures from Swiss sources that this was not the case. The real figures AIRC somewhere around the 866K mark.bobbybee said:
GC8 said:
A number of recent actions have made me no fan of the company (access to the L&F register, illegal service cartels with fixed prices, greedy price rises etc), although I still like their watches.
I don't get these comments at all.L&F register is still accessible, although an AD, has to put in the call on your behalf. The extra service was pulled from the general public as demand was too high, so instead of providing a poor facility to all, they chose to limit access as described to maintain a set level of service. What's wrong with that?
What illegal service cartel? As a sole provider of maintenance and parts for their product, they have set pricing. A cartel is when more than two companies providing the same product agree a set price, recent examples of this have been the energy and fuel companies.
Greedy price rises.
Although we may not like the price hikes, the market as a whole can obviously sustain them as they wouldn't have happened otherwise. And as a business why wouldn't you charge as much as you can for your products?
Rolex's official line is that the L&F register no longer exists. I am aware that ADs can access it, but the free and easy access has disappeared and I never had to wait for more than three rings when I contacted them.
Your comments about the price rises are weak and dont even address my point, so: service: Rolex have forced independent watchmakers who need access to parts inventory to jump through their hoops and to charge their prices. Surely thats the very definition of a cartel?
chris56 said:
michael gould said:
Nothing wrong with Rolex.....well made in-house movements.......but they are made by machines, and they do sell more than 1 million per year.....so hardly exclusive........ive had a sub for 25 years.....still keeps good time and has never let me down
Here we go again - I think we have had this discussion before about Rolex selling more than a million watches a year and concluded with figures from Swiss sources that this was not the case. The real figures AIRC somewhere around the 866K mark.GC8 said:
You appear to be on your own.
Rolex's official line is that the L&F register no longer exists. I am aware that ADs can access it, but the free and easy access has disappeared and I never had to wait for more than three rings when I contacted them.
Your comments about the price rises are weak and dont even address my point, so: service: Rolex have forced independent watchmakers who need access to parts inventory to jump through their hoops and to charge their prices. Surely thats the very definition of a cartel?
Hmm, let me think.Rolex's official line is that the L&F register no longer exists. I am aware that ADs can access it, but the free and easy access has disappeared and I never had to wait for more than three rings when I contacted them.
Your comments about the price rises are weak and dont even address my point, so: service: Rolex have forced independent watchmakers who need access to parts inventory to jump through their hoops and to charge their prices. Surely thats the very definition of a cartel?
How can the L&F register no longer exist if ADs can access it?
That makes no sense. As I said the public do not have this service available, but ADs do
My prices comments are weak? How so?
Rolex has year on year prices rises, they still sell very well. Their knowledge of the market,and particularly which portion of said market they are chasing, sustains the rises. So why sell a watch for £3k when you can sell it for £5k? Not weak at all but common business practise, to maximise income with minimal effort.
Rolex for its patent parts is a monopoly, not a cartel A cartel is a syndicate, combine, or trust formed especially to regulate prices and output in some field of business. Best examples are energy companies or petrol companies
. As to restrictive practices regarding servicing, it is not illegal. They are not stopping anyone from servicing their watches, which is illegal, but introduce such hardships relating to warranty, that it's simply not worth it.
Immoral, unfair maybe, but not illegal, or a cartel
chris56 said:
michael gould said:
Nothing wrong with Rolex.....well made in-house movements.......but they are made by machines, and they do sell more than 1 million per year.....so hardly exclusive........ive had a sub for 25 years.....still keeps good time and has never let me down
Here we go again - I think we have had this discussion before about Rolex selling more than a million watches a year and concluded with figures from Swiss sources that this was not the case. The real figures AIRC somewhere around the 866K mark.michael gould said:
chris56 said:
michael gould said:
Nothing wrong with Rolex.....well made in-house movements.......but they are made by machines, and they do sell more than 1 million per year.....so hardly exclusive........ive had a sub for 25 years.....still keeps good time and has never let me down
Here we go again - I think we have had this discussion before about Rolex selling more than a million watches a year and concluded with figures from Swiss sources that this was not the case. The real figures AIRC somewhere around the 866K mark.chris56 said:
Here we go again - I think we have had this discussion before about Rolex selling more than a million watches a year and concluded with figures from Swiss sources that this was not the case. The real figures AIRC somewhere around the 866K mark.
That figure isn't accurate either. no one outside the rolex organisation knows the number sold each year.the 866k figure only relates to the number of movements passed through COSC.
It does not mean the number of watches sold in any given year. Also this number is reducing year or year as production is being cut back. Possibly to try and get the exclusivity back? maybe, who knows.
Rolex are currently 'suffering' from the BMW syndrome, they are in the same situation, 'exclusive' perception, but more common than a Mondeo
bobbybee said:
michael gould said:
chris56 said:
michael gould said:
Nothing wrong with Rolex.....well made in-house movements.......but they are made by machines, and they do sell more than 1 million per year.....so hardly exclusive........ive had a sub for 25 years.....still keeps good time and has never let me down
Here we go again - I think we have had this discussion before about Rolex selling more than a million watches a year and concluded with figures from Swiss sources that this was not the case. The real figures AIRC somewhere around the 866K mark.That's a ridiculous figure as it also includes the 5b people who earn less than $5000 per year......the point is at production levels of around 8m watches in the past 10 years, a Rolex is about as rare and exclusive as a Cadbury cream egg
but they still make handsome reliable watches that hold their value well compared to the competition ......i'm sure part of the reason is they make their own movements
z4chris99 said:
I would say some rolex's are 'common' and some still turn peoples eye..
i.e.
wear a sub, its like your BMW..
Put on a Pres, or a gold Daytona etc and its still special, if a little vulgar.
I am not sure Subs are BMW equivalents. Probably more Porsche 911.i.e.
wear a sub, its like your BMW..
Put on a Pres, or a gold Daytona etc and its still special, if a little vulgar.
I was contemplating this very point last weekend as I sat in a large and busy beer garden. The chap on the next table had a Sub date; there were no other notable watches in sight. The car park, however, had several BMWs parked up.
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