411–420 of 544 posts
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So you can mentally separate the price the vendor charges from taxes imposed by the state when you pick up in the store but not when ordering internationally?
It’s not an international purchase, though. Core Devices is a US company.
Not a great fitness tracker because it has no GPS Poor notification integration because of the restrictions on iOS explained in their blog post. If you want long battery life, I’d go for a Garmin. But the Apple Watch is really the best option for 90% of people.
But would I pay $225 for a Core Time 2 when I could get a Garmin Forerunner 55?
Probably not. But still, it's amazing that we are getting new Pebble watches.
I'm pleased the pricing is so low. I did some math and if they're making 10k of these (not clear if that's each or all together), there's not a ton of money to be made. Assuming $100 average profit, that's a $2M for 20k watches. Given the work opportunities that the founder and other employees have, that's not a lot of money for them to make in a year, and it comes with significant risk. Basically seems like this is…
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MSRP of 3x COGS is a pretty common rule of thumb for hardware. Have to leave room for distribution, software, R&D, returns, SG&A, etc. End of the day, it's probably still only 30-40% gross margin -- less than half of a good SaaS company. Hardware is (indeed!) hard.
But then how could you call that 100 profit in any way? If you made at most like 30-50?
PS: Pebble owner and daily user since more than 5 years here
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> more minimal and sleek body I don't think that this should be trying to compete head-on with existing smartwatches on styling. And for the purposes of a hackable device, a larger screen seems like a selling point. Also, the larger screen makes touchscreen features more usable.
Agreed with respect to size and the touchscreen which I do think is a great addition. I just think something that's more of a continuation of the Time series designs would be better fitting for a $200+ option. The Time 2 body which would have had the exact same screen would be fine by me.
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Same. It neither describes the product nor makes it easier to search for online. For that matter, it doesn't exactly roll of the tongue either...
They knew what they were doing.
Will it eventually end in a "we got sued by Intel!" marketing gambit? Certainly a possibility. Is assume they have played through both scenarios.
I'll be hanging out here - happy to answer any questions you have!
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I'm highly skeptical that they will sell 20k units at that price point.
I know that the diabetic community are extremely interested on these watches. 30 days of battery life, already working support for Android APS and xDrip with these watches. What is there not to like. Put one of these to your child's wrist and they can get alerts on the glucose level easily.