With the watch...that's only going to be kind of marginally true: you'll have the same electronics package, but there's an importance psychological difference when Apple is also selling the $10,000 Kanye-edition watch in the same store (and has to publicly assign importance to that - they can't do that and then publicly be smug about it being a waste of money).
However I will point out that it hasn't hurt Beats headphones. They are VERY big on celeb' endorsements, but sell tons of different editions/looks. Their brand and ability to sell $14 headphones for $200 hasn't been damaged.
Of course that's complete garbage, but its a much easier sell when the only headphones you sell are an affordable $200-400 range with "justifiable" reasons for it.
A $1,000,000 watch in a limited edition of 25 would do much less damage to the brand than a $17,000 watch in a limited edition of ????
Median buyers know that they can never afford $1,000,000 for a watch. So at that price it remains a celebrity fantasy product, and some the fantasy gets reflected onto the rest of the range.
$small-number,000 is - paradoxically - almost, but not quite, affordable. It's not any more expensive than many cars, and people buy those all the time.
But the only extra value is the case and the strap. So it looks a like you're paying a lot to pay a lot, and getting something very mass market for the money.
With a nicer strap and case. But people don't buy watches for the strap or the case.
Now you have an "exclusive" product that isn't producing the right exclusivity signals, but at the same time it's expensive enough to seem gratuitously and irritatingly unreachable.
There's nothing insanely great about this. I don't think Steve Jobs would have done it. (I mean - who knows? But historically, there's good reason to suspect this wouldn't have worked for him.)
Apple Watch will also be available to preview or try on at Galeries Lafayette in Paris, Isetan in Tokyo and Selfridges in London on April 10. Apple Watch will be for sale on April 24 at these select department store shop-in-shops, and at boutiques in major cities across the world including colette in Paris, Dover Street Market in London and Tokyo, Maxfield in Los Angeles and The Corner in Berlin.
http://www.apple.com/pr/library/2015/03/09Apple-Watch-Availa...
And £13k for a watch will get you a really nice Rolex but its not that much in terms of the high end watch luxury brand.
And you can hand down your Rolex to your great grand kids not sure the apple watch will last that long.
And anything more information intensive than the time is going to be even harder to access on a watch.
And we still have to keep our phones around anyway - the watch is just a conduit to them.
There's more "we" out there than just "you." I wear a $30 digital watch because it's indestructible, compact, accurate, and its battery lasts forever. Carrying a delicate, bulky, non-waterproof phone I needed to charge every day would suck by comparison. Try running, hiking, or doing anything outdoors with a phone, and you'll soon end up with a dead battery or a dead device.
That's not to say that I find "smart" watches compelling. The phone tethering and need to recharge every night make them useless to me. Once they can go a week on a charge and do much more than a normal watch, they may be useful. (Today's GPS watches come close.)
Maybe you don't, but we do :)
I don't think there is much of a demand for smart watches and the luxury edition will make many people think if they want to support a company that offers outrageously priced products along with normal priced products, as both hipsters that can easily afford apple products and wealthy people might not vibe with a dual strategy like this.