Analyst: Why Apple created the $10,000 Apple Watch Edition

iDownload Blog
By Jake SmithMar 15, 2015, 11:31 pm4.2k ptsTrendingInteresting
The announcement that the Apple Watch Edition will start at $10,000 and be priced all the way to $17,000 when it begins shipping April 24 perplexed many. Apple is a consumer electronics company. Why is it trying to jump into the luxury space? Here’s your answer. On Thursday, Andreessen Horowitz analyst…

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