Swatch CEO needs to stop talking and start shipping
“The Apple watch is an interesting toy, but not a revolution,” Hayek told Swiss newspaper Tages Anzeiger, as translated by The Guardian. Hayek then lamented how most smartwatches must be recharged every night, while promising that Swatch’s eventual smartwatch will include a battery that lasts nine months.
Hayek also said Swatch won’t bother to include any fitness tracking features in its watch, saying he “cannot accept the responsibility of whether my device warns a customer in time before a heart attack.” Nonetheless, Hayek also felt the need to belittle the billion-dollar fitness wearable business, saying that “the user immediately loses control of all their data.” (As AppleInsider points out, Apple encrypts all fitness data on the device, and offers tight controls on how that data can be shared.)
Swatch has yet to demonstrate the supposedly revolutionary smartwatch in question, which has been delayed numerous times. In February, Hayek said Swatch’s answer to the Apple Watch would arrive within a few months, but instead the company merely released a fitness-tracking watch for beach volleyball players (which, by the way, allows users to sync their workout data to the cloud). In May, Hayek then promised a more advanced watch with NFC-based mobile payments due to launch by August. Hayek now says this watch will arrive some time later this year.
In the meantime, Swatch is trying to agitate Apple will trademarks instead of competition. The company successfully trademarked “One More Thing” with the World Intellectual Property Organization last May, and has filed to trademark “Tick Different,” a knock on Apple’s old “Think Different” ad campaign.
Why this matters: While it’s not surprising to see yet another company painting Apple as a target, Hayek’s schtick is worth highlighting as an especially sad example. It’s one thing to bash Apple while promoting an alternative product, but in this case Swatch doesn’t have anything to offer but months of empty promises. How much longer can Swatch keep this up and continue to be taken seriously