Evidence receipt / evaluation
Published · transcript-backedDavid Rosenthal: evaluation
5 Mar 2026 Acquired Rolex
“Again, because of the way the market works, it doesn’t matter that that’s a very small number of people.”
Source trail
Everything needed to verify it.
- Speaker
- David Rosenthal
- Attribution
- Verified speaker
- Claim type
- evaluation
- Recorded
- 5 Mar 2026
- Publisher
- Acquired
- Episode
- Rolex
Transcript context
…It’s crazy. The Apple Watch, it’s weird how they managed to decimate the low-end, but no one took the edition seriously. The Apple Watch addressed a completely new market. High-end watch people weren’t going to buy an Apple Watch, period, but for all the new people who were willing to buy an Apple Watch, there was no reason to buy a $10,000 watch. And for a small subset of those people who bought Apple Watches, it then became the gateway into the high-end mechanical watch industry. Again, because of the way the market works, it doesn’t matter that that’s a very small number of people. Those very small number of people are spending a lot of money. That’s exactly right. The other thing that it destroyed is the fashion watch industry. We didn’t touch on that this episode just because it was one more story that we couldn’t fit in. But the whole Swatch……
Stored transcript either side of the excerpt. The highlighted words are the published quote; the surrounding text is unedited source, never generated.