The Rolex has long been the timepiece of choice for people with high standards. Its timeless designs, sexy style, and prestigious status have been used as the foundation for its success. Today, many prominent sports figures endorse Rolex as their preferred timepiece. In a study by Stephen Hahn-Griffiths, the brand has emerged as the leader in three areas: perceived quality of the watch in terms of water pressure and corporate social responsibility. Rolex would not even attempt to enter the digital watch market if it were not confident in their reputation in these areas.
Despite the success of Apple’s iPhone, Rolex has not jumped into the smartwatch game. While Apple’s Apple Watch outsold Rolex in sales and market share, it is believed that most existing Rolex owners still have an Apple Watch. However, this does not mean that the traditional dialed watch has become obsolete. Even smartwatches with digital displays are useful for scheduling, but conventional dialed watches are still a comfortable way to tell time.
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Before the launch of Apple’s Apple Watch, Rolex worked on a new quartz watch. The first one featured a tuning-fork quartz resonator, which was manufactured by the NDK company in Japan. Later, they replaced the tuning-fork quartz with a photolithographic quartz resonator supplied by Micro Crystal in Grenchen. The company’s partnership with Apple led to the successful launch of Apple’s watch, which was later followed by the release of several new models.
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