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I know I was willing to pay more when the ECG watch came out, and this one has a blood oxygen meter. That alone will sell a bunch of these.

It's also important to offer people different pricing tiers, because some people are value shoppers and some people want to buy a Veblen good.

The link is still a 404, so I'm not sure you can say that yet as we don't know what the features are.

Watching the event, it may only be the Series 6 that functions with Fitness+, so that's a huge differentiator.

It also measures blood oxygen levels, measures elevation, can call 911 if you experience a fall, etc.

The comparison page just went up. Series 6 has both blood oxygen and ECG that SE does not. I would prefer Series 6 over SE. https://www.apple.com/watch/compare/

when you decide to buy a watch SE over the watch 3, or no smartwatch at all, you already have disposable income to spend. $120 more for watch 6 is not that big of a deal relative to someone's disposable income level.

Because they have the money.