Earlier quoted context omitted.
Add $75 (the price of this ring) to the Pebble time and you're almost at the price of a Pixel Watch 4. And you can get a PW3 for cheaper.
Economics don't work like that though. Google has the benefits of economies of scale and stable manufacturing partnerships, not to mention probably a lot more of the watch parts are designed in-house. I'd be surprised if Pebble could achieve anything close to the Pixel hardware for even twice the price. It seems like Pebble is focusing on a niche market and this new product seems completely in line with that. There a…
Pebble serves those people who want to watch or a ring that doesn't require being a slave to a wall wart, who want the watch to last for a long time. Take a look at Garmin, they do that too and they are a successful company. They are much older than Google and they still have a hard time keeping up with Google and it's billions of dollars of of mystery money advertising revenue.
The pixel hardware is a battery draining nightmare, in my personal experience having pixel watches for years and being a long-term pixel phone user. Even today the pixel phone that I have, after having I think five of these things, drains battery probably 20 to 40% faster than .. the competitor that I would next buy if I weren't feeling like I wanted some of the features that Google has bundled in with their phone and home and other like mnvo and messaging products. So, it seems like a mis comparison there, in my opinion. I don't want a smartwatch that lasts 25 hours and then has to be recharged. Or a smartwatch where the screen turns into a UHF channel just going out of tune and there's no tech support on Earth literally that is willing to help me. Volunteers on Google's support forums are lying to themselves that they have any power or sway with Google. It's a waste of time in my experience.