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RAPAPORT… Apple’s $17,000 gold smartwatch failed to make it to its latest
range unveiled in San Francisco last week, a signal of the technology company’s
retreat from the luxury timepieces category.

“Apple is making an admission that it’s not a luxury product
in watches,” James Dowling, co-author of The Best of Time: Rolex
Wristwatches, was cited by Bloomberg as saying. “In fact, it’s mak…

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