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Patek Philippe

Not quite 300 years, more like 171 years but still a long

 

time. 

Creativity? Don't think I would agree on that point.

Independent?  Yes.

Going strong financially?  Absolutely...for now.

I do believe it is very clear the past twenty-five years has been very kind to Patek, not only financially but the awareness and demand of the product, which has pushed them to levels which they have never experienced.  This has come with some baggage, QC problems, applications to buy certain pieces, ability to change dials and hands....restrictions. Now it seems they are evolving to a more mass produced "high-end" watch which may open the door for another firm to fill the gap that Patek has chosen to abandon.  It's happened with automobiles and, watches are no different.

When money is involved and when we are talking about the type of money that Patek has captured recently, being able to adapt and maintain all the "expected" inherent qualities and services of quieter times is an incredible challenge that I would dare say, not many firms (not just watchmaking or automotive) have been successful.

The car/watch associations are interesting but when I saw them, I realized that my relationships of the two products was influenced by historical reputation and maybe really good marketing.  My personal experiences show quite a different mix of associations from those posted.  Maybe a different thought would be, if you had to choose just one watch and one car that you had absolute confidence regarding reliability over all others.  What would they be?


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