Luxury watch makers are suffering badly from more practical digital watches like the Apple Watch. These watches That have “movements” won’t be around much longer.

digital watches have been around for some decades now, these pieces of art will stay.

Digital watches will eradicate clocks with moving parts just like cars eradicated horses or CDs (and now streaming) eradicated LPs. Those with enough money or interest in such watches will always have them.

Most of this is not correct. For instance; the most expensive Rolex watch sold should be the 'Newman Daytona'. A Rolex Daytona that belonged to Paul Newman was sold at auction in 2017 for $17.8 million.

#7 So they make their own gold now do they?
Everyone else on earth has to mine gold, but Rolex is so posh they just make it!