Audemars Piguet, every mention
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every year anyone Ben Gilbert 6David Rosenthal 3
Verbatim, from the transcripts: the passages where Audemars Piguet comes up
Rolex (Audio) · Acquired
- ▶ 3:27:14 Ben Gilbert But the luxury world of watches, it's Audemars Piguet, it's Patek Philippe.
- ▶ 3:28:57 David Rosenthal And they are a high-volume luxury player, again, in comparison to a Patek or a Audemars or something like that.
- ▶ 3:44:21 David Rosenthal Sell Pentec, sell Audemars.
- ▶ 4:07:29 Ben Gilbert Audemars Piguet is at five percent, and then you just have massive fragmentation down from there.
- ▶ 4:07:50 Ben Gilbert 22 times Audemars Piguet?
- ▶ 4:08:13 Ben Gilbert Audemars Piguet is 48,000 dollars.
- ▶ 4:09:26 David Rosenthal They can participate in the same thing that Patek and Audemars, et cetera, are participating in.
- ▶ 4:14:56 Ben Gilbert Audemars Piguet that we were just talking about, Van Cleef, Patek Philippe, Vacheron Constantin, Blancpain, Piaget, these are all meaningfully more expensive average price points than Rolex.
- ▶ 4:36:33 Ben Gilbert Fascinatingly, and I'm not sure if this is counterintuitive or not, I don't remember, 20 14 thinking about the watch industry because I didn't, but it was the best thing to ever happen to Rolex, Audemars Piguet, Patek, etc.