While I'm with you in spirit, I'm not sure that's strictly accurate.

The F-91W battery is rated for 10 years: https://support.casio.com/storage/en/manual/pdf/EN/009/qw593...

The calculator version (which I use) is rated for three years, assuming you only let the alarm go off for 20 seconds per day, and use the calculator function for less than one hour per day: https://support.casio.com/storage/en/manual/pdf/EN/009/qw320...

What would you consider the average life of an Apple Watch? If it's 5 years, OP is right.

I'd say the Apple Watch is too new for anyone to know. I still use my six-year-old Apple Watch.

     use the calculator function for less than one hour per day

SEK 587.14 = $54.23 USD at Amazon Sweden: https://www.amazon.se/Casio-Herrar-Digitalklocka-hartsrem-F-...

Duties, tariffs, out of control regulations and taxes to pay for underperforming civil servant's pension funds. It all adds up.

You'll quickly find that the price differences mostly reflect some combination of various laws and taxes. E.g., I recall reading (pre-Brexit) that UK law required shops to have a two-year warranty period for durable items sold. As in, you bought it from them, you could return it to them and get a new item. Or make them deal with the warranty. In the US, almost anything other than dead-on-arrival can (doesn't always, but can) require the consumer to ship it in the original packaging to the manufacturer's service center at their own cost. That is not a free service. And there may be tariffs involved.

My point being that they’d have to sell a hell of a lot of services to outpace the iPhone, and those services are mostly popular because they integrate into the iPhone. And people want the new shiny ones.

[0] https://ultimatestockpicker.com/company-detail/AAPL/

[1] https://www.forbes.com/sites/robertanaas/2020/02/07/apple-wa...