
Modernizing the wristwatch
Monday, January 23, 2006

According to The Wall Street Journal last week, sales of wristwatches in the $30 to $150 price range fell by 10% last year as young people are learning to rely more and more on cell phones, iPods, and similar multi-purpose devices to keep time. Sales of watches that cost more than $150 are still increasing, but that just proves the point: As the baby boom generation becomes older and financially more secure, it is trading up in timepieces. But then they’re out-of-date.
To survive, watchmakers are adding functions to the traditional wristwatch. Swatch, for instance, just introduced a watch called the “Paparazzi” that tells not only the time, but also displays news, horoscopes, and tips on local bars and nightclubs. Other watch brands can display messages or store and play music. But that means watches are turning into cells and MP3 players. Dick Tracy would be amused.
posted by Michael Tavani @ 9:07 PM |