Bloomberg: $10,000-Plus 18-Karat Gold Apple Watch Edition Sales Fizzled After Just Two Weeks

In a profile of Apple's operations chief Jeff Williams, Bloomberg's Mark Gurman has revealed some interesting anecdotes about development of the Apple Watch, which Williams has reportedly overseen since 2013.

apple watch edition video promo
Months before the Apple Watch launched in 2015, for example, the report claims some employees testing the device began having allergic reactions to the type of nickel used in its casing, leading Williams to make the decision to scrap thousands of already-produced units and restart manufacturing with a different kind of nickel.

The amount of nickel eventually included in select Apple Watch models and bands falls below restrictions set by the European Union, according to Apple:

Apple Watch models with a stainless steel or an aluminum case, the stainless steel portions of some Apple Watch bands, the metallic portions of the Hermès bands, and the magnets in the watch and bands, each contain some nickel. However, they all fall below the strict nickel restrictions set by European REACH regulation. Therefore, while nickel exposure is unlikely to be a problem, you should be aware of the possibility in case you're susceptible to nickel-related reactions.

The report claims employees also noticed that the Apple Watch's Taptic Engine was prone to long-term failure from corrosion. In that case, Williams decided to give those few thousand watches to employees, according to Gurman.

As for the $10,000-plus, 18-karat gold Apple Watch Edition, the report claims Apple's sales were "in the low tens of thousands" of units, with "few after the first two weeks." The line was discontinued in September 2016 after just 16 months and, humorously, the gold models are now stuck on watchOS 4 and below.

Williams now oversees the development of all Apple hardware products, according to the report, and he is widely considered a frontrunner to succeed Tim Cook as CEO when the time comes — the two share similar backgrounds and mannerisms.

Related Roundup: Apple Watch Series 9
Buyer's Guide: Apple Watch (Neutral)

Top Rated Comments

costeta Avatar
62 months ago
Apparently no one wants to spend $10,000 on a watch that’ll be obsolete in 2 years. I’m surprised
Score: 61 Votes (Like | Disagree)
kemal Avatar
62 months ago
If you had purchased a gold Rolex, or equivalent, in 2015, it would still run the most current operating system. That is, provided you still have your index finger and thumb.
Score: 34 Votes (Like | Disagree)
az431 Avatar
62 months ago
Tens of thousands of units sold is actually quite a high number given the price point. That implies at least $200 million in revenue.
Score: 27 Votes (Like | Disagree)
Rogifan Avatar
62 months ago
What’s with the click-bait? I thought MacRumors was better than this.

Newsflash: Apple didn’t produce the gold Watch with the expectation of selling a ton of them. Heck they didn’t even talk about it on stage and never marketed it on Apple’s website. But getting it in the pages of Vogue magazine and on the wrists of a few celebrities probably didn’t hurt from a brand standpoint. Just put it down as a marketing expense.
Score: 21 Votes (Like | Disagree)
cardfan Avatar
62 months ago
I remember the apple cheerleaders when this gold watch was announced. "The celebs and rich will eat this up..you just don't understand" "You're not the target." The Mac Pro disease took over.
Score: 16 Votes (Like | Disagree)
Rogifan Avatar
62 months ago
Apparently no one wants to spend $10,000 on a watch that’ll be obsolete in 2 years. I’m surprised
My sister still has an original AW that I gave her and wears it every day. It is not obsolete.
Score: 14 Votes (Like | Disagree)

Popular Stories

maxresdefault

Apple Announces 'Let Loose' Event on May 7 Amid Rumors of New iPads

Tuesday April 23, 2024 7:11 am PDT by
Apple has announced it will be holding a special event on Tuesday, May 7 at 7 a.m. Pacific Time (10 a.m. Eastern Time), with a live stream to be available on Apple.com and on YouTube as usual. The event invitation has a tagline of "Let Loose" and shows an artistic render of an Apple Pencil, suggesting that iPads will be a focus of the event. Subscribe to the MacRumors YouTube channel for more ...
Apple Silicon AI Optimized Feature Siri

Apple Releases Open Source AI Models That Run On-Device

Wednesday April 24, 2024 3:39 pm PDT by
Apple today released several open source large language models (LLMs) that are designed to run on-device rather than through cloud servers. Called OpenELM (Open-source Efficient Language Models), the LLMs are available on the Hugging Face Hub, a community for sharing AI code. As outlined in a white paper [PDF], there are eight total OpenELM models, four of which were pre-trained using the...
Apple Vision Pro Dual Loop Band Orange Feature 2

Apple Cuts Vision Pro Shipments as Demand Falls 'Sharply Beyond Expectations'

Tuesday April 23, 2024 9:44 am PDT by
Apple has dropped the number of Vision Pro units that it plans to ship in 2024, going from an expected 700 to 800k units to just 400k to 450k units, according to Apple analyst Ming-Chi Kuo. Orders have been scaled back before the Vision Pro has launched in markets outside of the United States, which Kuo says is a sign that demand in the U.S. has "fallen sharply beyond expectations." As a...
iOS 18 Siri Integrated Feature

iOS 18 Rumored to Add These 10 New Features to Your iPhone

Wednesday April 24, 2024 2:05 pm PDT by
Apple is set to unveil iOS 18 during its WWDC keynote on June 10, so the software update is a little over six weeks away from being announced. Below, we recap rumored features and changes planned for the iPhone with iOS 18. iOS 18 will reportedly be the "biggest" update in the iPhone's history, with new ChatGPT-inspired generative AI features, a more customizable Home Screen, and much more....
iPad And Calculator App Feature

Apple Finally Plans to Release a Calculator App for iPad Later This Year

Tuesday April 23, 2024 9:08 am PDT by
Apple is finally planning a Calculator app for the iPad, over 14 years after launching the device, according to a source familiar with the matter. iPadOS 18 will include a built-in Calculator app for all iPad models that are compatible with the software update, which is expected to be unveiled during the opening keynote of Apple's annual developers conference WWDC on June 10. AppleInsider...