Are phones killing the watch?

Is time passing the watch industry by? Sales of timepieces — from pricey six-figure jewel-encrusted baubles to less-than-$100 ticktockers — have been slowing down over the past year as consumers increasingly rely on their smartphones to keep track of time. The sales drop-off has gotten so pronounced that watchmakers are starting to sweat.

This article from the New York Post highlights a trend which may be irreversible. Smart watches are not having a huge impact on the number of people wearing watches, but there is little doubt that phones are being used more and more by younger people as their main timekeeper. It’s sad for people like me who are fascinated by watches, but it is happening for sure.

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