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How Much Gold Will The Apple Watch Require? - Perth Mint Blog - Perth Mint Blog.

Hublot ( http://www.hublotnation.com/2013/09/13/magic-gold-hublots-exclusive-material/ ) says that it is keeping the gold--boron-carbide fusion exclusive. So how did Apple get a license? Or did Apple find a work-around?

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Beginning of the headline :TidBITS asked recently how much gold Apple's new smartwatch would be likely to consume. Based on the estimated production figure of 1 million units per month, each containing 2oz of 18-carat gold, it sensationally claimed that Apple would require 24 million ounces of gold annually, or roughly 30 percent of world production. Gold bugs could be excused for yelping with excitement! But what seems too good to be true has a habit of turning out that way. On Monday Apple announced the gold watch would... Read More

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