What's a Rolex really worth ?

[Umbongo]

Lol. Being a charitable organization doesn't mean you give away products for free or do not try to maximize the revenues
for the organization, so that more money is available for charitable purposes. Ofcourse the skeptics will say it is not truly a charitable organization even if the Swiss law recognizes it as such. We will never know.

I think we all have a bloody good idea Raj...

...nice to speak to you again by the way.

[744ER]

FTFY for clarity.

I’ve yet to be convinced that platinum is any more difficult to work with than any other metal.
Every metal has its own idiosyncrasies when it comes to working with it but non can honestly be considered more difficult to work with than any other.

Tantalum and titanium are more difficult to machine, generating lots of heat etc. Platinum is a weird metal, apparently a bit tricky to polish too.

All materials are very different and more or less difficult to work with, in fact. Ever try turning stainless steel on a lathe ? Its much harder than with brass, for instance.

[RAJEN]

I think we all have a bloody good idea Raj...

...nice to speak to you again by the way.

Same here.

[inspector gadget]

Nine-time Formula 1 champion and Rolex brand ambassador Mark Webber. ?????

well Rolex support for Mark Webber is well up there according to Forbes..... its amazing as I don't remember him winning a world championship...

https://www.forbes.com/sites/roberta.../#689fd29e4657

[RAJEN]

Nine-time Formula 1 champion and Rolex brand ambassador Mark Webber. ?????

well Rolex support for Mark Webber is well up there according to Forbes..... its amazing as I don't remember him winning a world championship...

https://www.forbes.com/sites/roberta.../#689fd29e4657

Not championships but individual races. 42 podium finishes.

[DaveA]

A £20 note didn't cost 20 quid to produce … But it's still worth £20.

[inspector gadget]

Not championships but individual races. 42 podium finishes.

Must be a Rolex affliction I have but what cant speak cant lie..

[RAJEN]

Must be a Rolex affliction I have but what cant speak cant]

You are absolutely right. The caption under the picture is misleading.

[Raffe]

No matter how often repeated, Rolex is not a charity.

Rolex S.A. is a Societe Anonyme, which is the Swiss equivalent of a public limited company. Its shares are held by the charitable Hans Wilsdorf Foundation. As such, Rolex is a private for-profit company which will pay part of its profit as a dividend to the owning foundation.

You can read about the charitable work of the Hans Wilsdorf foundation here: https://www.swissfoundations.ch/fr/f...-hans-wilsdorf

[MartynJC (UK)]

No matter how often repeated, Rolex is not a charity.

Rolex S.A. is a Societe Anonyme, which is the Swiss equivalent of a public limited company. Its shares are held by the charitable Hans Wilsdorf Foundation. As such, Rolex is a private for-profit company which will pay part of its profit as a dividend to the owning foundation.

You can read about the charitable work of the Hans Wilsdorf foundation here: https://www.swissfoundations.ch/fr/f...-hans-wilsdorf

Seems like the foundation is using the money for good works. Jolly good show.

Martyn.

[Dave O'Sullivan]

Lol. Being a charitable organization doesn't mean you give away products for free or do not try to maximize the revenues
for the organization, so that more money is available for charitable purposes. Ofcourse the skeptics will say it is not truly a charitable organization even if the Swiss law recognizes it as such. We will never know.

Hi Raj.
Good to see you back.

[-Ally-]

Not bulk of the cost but substantial. As per one estimate Rolex spent over $56 million on advertising in a year in US

Wasn’t it $68 million ?

Maybe I’m thinking of something else...

[Rory]

Wasn’t it $68 million ?

Maybe I’m thinking of something else...

I’d love to really understand their business rationale as they spend so much on marketing and then can’t actually meet demand. Unless of course the non-sports market is where the bulk of the profit comes from.

Cheers
Rory

[Raffe]

The Rolex demand crisis is like Trump's border crisis: made up.

[Wilson_smyth]

I’d love to really understand their business rationale as they spend so much on marketing and then can’t actually meet demand. Unless of course the non-sports market is where the bulk of the profit comes from.

Cheers
Rory

If everyone could have one, nobody would want one.

Think in terms of the story of the guy who bought the only two remaining ming vases of a particular design for a vast sum of monies . First thing he did was shatter one to make the last one priceless.

[Satori]

Calm down people.
I'm not arguing anything, I posted a link.

..... and chose a thread title.