Watchmakers think cellphones are hurting their sales

Channelnewsasia has an article about how watchmakers are blaming cellphones for slumping sales. They're mainly freaked out/perturbed by the fact that young people (it's always the young people, innit?) are using their cellphones to tell time instead of wristwatches (guilty as charged—we haven't worn a watch in ages). Sales of high-end luxury watches are still pretty strong (thank you, Damon Dash!), but apparently sales of low-end watches are definitely hurting. So how does the industry respond? In the classic style of any threatened industry, they're hitting back with lawsuits, of course, with a French watchmakers trade association suing a wireless carrier in February for running ads that showed watches and clocks being thrown away.

[Via textually.org]