Last week Apple announced their new smartwatches called Apple Watch but they haven’t revealed all features yet. They are probably busy with the release of their new iPhone 6 and iPhone 6 Plus. There is some news about the prices of the Apple Watch and we know for sure that the Apple Watch Sport will cost $349 in the US. Compared to other smartwatches, like the Moto 360 which is $250, the Apple Watch is pretty expensive. However, the sport version of the smartwatch is actually low compared to other versions like the stainless steel version on the Apple Gold watch, which not many will afford to buy.

Supposedly, Apple will position the more expensive watches as luxury items, not just tech devices. The stainless steel Apple watch will cost approximately $1000 and the Apple Gold watch will be around $5000. Yup, that’s a pretty big price for a watch, even for an Apple watch. The Apple Gold Watch will be 18 karat gold, rumors have it, and it will not be just gold plated, but a made of solid gold altogether.

The Apple Gold Watch Will Cost $5000

Apparently, Apple is planning to make the Apple watch sport version affordable to most people, while the premium versions will be left for those with big pockets. The Apple Watch has received mixed reviews, some saying that the lack of sensors on board is pretty disappointing and that the watch doesn’t bring anything new to the already full smartwatch market. The new Apple watch has the usual movement tracking features and the heart rate monitor, but besides that, nothing spectacular.

We are still waiting for more details regarding the new Apple watches and we will keep you updated. Until then, if you want to own the Apple Gold watch, start saving some money. A lot of money.