Remember the Ressence Type 2 smartwatch? The one that was unveiled early in 2018, and designed with the help of iPod co-creator Tony Fadell? The watch’s creators promised to solve some of the long-standing problems with high-end mechanical timepieces–and also hinted that the Type 2 would have a matching price tag.
Well, almost exactly a year later, we’ve learned that the watch will cost $48,800 when it debuts next April. That’s 32 times the price of the most expensive Apple Watch, the $1,500 Hermes Series 4.
. . .