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29 June 2017, 12:43 PM
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#11 |
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"TRF" Member
Join Date: Jun 2017
Location: Austin TX
Posts: 24
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1,000,000 watches made a year
Hmmm. This level of production at, let's say and average cost of $8000 each (a guess) is $8 BILLION dollars in gross sales each year. Let's say their cost of sales is high, 30%. So, net gross is around $5.6 BILLION. comparing watches to Ferrari doesn't make sense. They don't seem to have any problem selling. Scarcity makes little sense. I smell snobbery.
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