This year is the 50th anniversary of Moore’s law. The law that was formulated by Gordon Moore in the year 1965.
It basically states that every two years, the number of transistors that we can cram into a chip will double. This will also double the power of a chip and so we have been living with this law expecting that next year, the computer that we are using now would be replaced by a newer and more powerful chip.
This has implication for the price as well.
I am so used to this law that when I bought the Mac mini, I bought the mid level Mac for about $700. If I pay a bit more, say $1000, I would get a higher end Mac that cram more transistors running at a higher speed.
I have been trying to apply this law to iWatch or was it Apple watch without success.
There are 3 types of Apple watch, the Sport Watch, the Watch and the Edition Watch. From what I know, the Sport watch is about $400, the Watch is about $700 and the Edition Watch could cost up to $10k.
If the Edition Watch is about $10k, you would expect it to be powered by a more powerful chip. But not in this case.
If you are getting the Edition Watch, it will take the same amount of time to start, the same number of hours for it to be fully charged and that you would still need to charge it daily just like a Sport Watch.
Apple watch is the only device that you can pay a lot more without getting a more powerful computer on your wrist.