The record-breaking Kickstarter for the new Pebble Time smartwatch gained some momentum off of Apple's "Spring Forward" event last week, reported TechCrunch over the weekend.

The crowd-funding campaign brought in on average $6,000 per hour the Sunday before the big Apple Watch event, a statistic which rose to $10,000 per hour as the event happened on Monday, March 9 and leveled off at $16,000 per hour on March 10.

Pebble Time
Speaking on the matter, Pebble CEO and founder Eric Migicovsky said the Apple Watch event doubled the rate of contribution to the Pebble Time Kickstarter, but as TechCrunch pointed out, it was closer to nearly tripling the campaign's hourly rate.

Apple's entry into the smartwatch market no doubt sparked interest in users interested in a wearable device, but perhaps looking for a cheaper alternative, with the ability to connect with Android phones or have a longer-lasting battery life. That train of thought appears to be unsurprising to Migicovsky and the Pebble team, who expected a boost coming off of the Apple Watch event.

“Apple’s event this week caused a nice spike in support for us, as anticipated,” Migicovsky told TechCrunch. “When the biggest company in the world enters your market, that’s the kind of validation you can only dream of. Ultimately the more awareness for smartwatches, and the more choice for consumers, the better for everyone. 2015 is going to be an extraordinarily exciting year.”

The Pebble Time Kickstarter began on February 24, and reached its goal of $500,000 in just under twenty minutes, allowing the company to introduce a more formal option in the Pebble Time Steel one week later. The campaign currently has about 72,000 backers with just over $18.5 million pledged and eleven days to go until its completion.

Related Roundup: Apple Watch Series 8
Buyer's Guide: Apple Watch (Buy Now)
Related Forum: Apple Watch

Top Rated Comments

avanpelt Avatar
98 months ago
Why is Pebble still using Kickstarter? Don't they have R&D as part of their normal operating budget? Are they having difficulties finding traditional investors? While the money they've been pledged so far is admirable, it seems odd to me that they're still using crowdfunding at this point.
Score: 15 Votes (Like | Disagree)
Robert.Walter Avatar
98 months ago
What is the price point of this product?

If I divide donations by funders, I get a hair over 250$.

If this is the price, it would seem that this product is overpriced for anything outside the Android market. For someone already possessing a compatable iPhone, why not spend 100$ more and get the refined package and richer feature set of the Watch?
Score: 9 Votes (Like | Disagree)
rob25255 Avatar
98 months ago
I actually get a lot of use from my pebble but despite the naysayers am going to preorder the  watch. Here's my thoughts http://bit.ly/1LbxaXp (http://opinion8td.com/2015/03/14/convenience/)
Score: 6 Votes (Like | Disagree)
enigmatut Avatar
98 months ago
price-points

What is the price point of this product?

If I divide donations by funders, I get a hair over 250$.

If this is the price, it would seem that this product is overpriced for anything outside the Android market. For someone already possessing a compatable iPhone, why not spend 100$ more and get the refined package and richer feature set of the Watch?

As noted on the Kickstarter page, the Pebble Time retail price will be $199 and the Pebble Time Steel will be $299 (after the campaign). The original Pebble is now $99 and the original Pebble Steel is $199, fwiw.
So, the "top" new Pebble is 50 bucks less than the entry-level aluminum :apple:Watch, but with the Pebble Time Steel you get 10-day battery and cross-platform compatibility. Various blogs have already discussed the pros and cons between the two, and it really just boils down to preference and to which features you give weight. I prefer longer battery and always-on, which all Pebbles have, so I'm keeping my original Pebble Steel and adding a Pebble Time.
Score: 4 Votes (Like | Disagree)
Kissaragi Avatar
98 months ago
Why is Pebble still using Kickstarter? Don't they have R&D as part of their normal operating budget? Are they having difficulties finding traditional investors? While the money they've been pledged so far is admirable, it seems odd to me that they're still using crowdfunding at this point.

Yes its a pretty disgusting abuse of the kickstarter idea in my opinion. They are using it for advertising and to line their pockets.
Score: 4 Votes (Like | Disagree)
GizmoDVD Avatar
98 months ago
Why is Pebble still using Kickstarter? Don't they have R&D as part of their normal operating budget? Are they having difficulties finding traditional investors? While the money they've been pledged so far is admirable, it seems odd to me that they're still using crowdfunding at this point.

Its the start of KS demise. It should be for people who need funding - not a company which already (apparently) has the watches close to ready to go and just wants cash early.

If Pebble was launching a totally new product line I could kinda see a KS. But this is simply Version 2.0.
Score: 4 Votes (Like | Disagree)

Popular Stories

AirPods Max 2022 Colors

Ten Things AirPods Pro 2 Tell Us About AirPods Max 2

Saturday September 24, 2022 1:00 am PDT by
Upon the release of the second-generation AirPods Pro, the AirPods Max became the oldest current-generation AirPods product still in Apple's lineup. Introducing several new features like Adaptive Transparency and the H2 chip, the second-generation AirPods Pro may provide some of the best indications yet of what to expect from the second-generation AirPods Max. Almost two years later, rumors...
apple watch series 7 aluminum colors yellowbg

Don't Want the Apple Watch Ultra or Series 8? Amazon Has Record Low Prices on Series 7 Models This Week

Friday September 23, 2022 6:56 am PDT by
The Apple Watch Series 8 and Apple Watch Ultra are now available to purchase, but if you aren't interested in these updates you can save a lot of money on Series 7 models right now on Amazon. Note: MacRumors is an affiliate partner with Amazon. When you click a link and make a purchase, we may receive a small payment, which helps us keep the site running. The best deals are on cellular...
iOS 16

Apple Releases iOS 16.0.2 With Bug Fixes for iPhone 14 Pro Camera Vibration, Copy/Paste Issue and More

Thursday September 22, 2022 1:04 pm PDT by
Apple today released iOS 16.0.2, addressing a number of bugs that iPhone 14 owners have been experiencing since the new devices launched. iOS 16.0.2 comes two weeks after the launch of iOS 16, and it follows iOS 16.0.1, an update made available to iPhone 14 owners on launch day. The update is available for all iPhones that are capable of running iOS 16. The iOS 16.0.2 update can be...
14 vs 16 inch mbp m2 pro and max feature 1

New 14-Inch and 16-Inch MacBook Pros Reportedly Launching Later This Year

Friday September 23, 2022 7:08 am PDT by
Apple plans to release new MacBook Pro models in the fourth quarter of 2022, according to supply chain publication DigiTimes. The report does not mention specific models, but it very likely refers to the next-generation 14-inch and 16-inch MacBook Pros given that the 13-inch model was already updated earlier this year. There has been uncertainty surrounding the timing of new 14-inch and...
Tim Cook Apple Event

Gurman: New iPads and Macs May Be Announced Through Press Releases, No October Event

Sunday September 25, 2022 6:50 am PDT by
Apple may decide to release its remaining products for 2022, which include updated iPad Pro, Mac mini, and 14-inch and 16-inch MacBook Pro models, through press releases on its website rather than a digital event, according to Bloomberg's Mark Gurman. In his latest Power On newsletter, Gurman said that Apple is currently "likely to release its remaining 2022 products via press releases,...
Dynamic Island For Android Users Feature

Android App Copying iPhone 14 Pro's Dynamic Island Released on Play Store

Thursday September 22, 2022 7:57 am PDT by
A copycat version of the iPhone 14 Pro's Dynamic Island has arrived on Android's Google Play Store in the form of an app called "dynamicSpot." The app, still in beta, offers customers several different experiences at the top of their smartphones. In its current form, dynamicSpot offers playback control for songs, timers, battery status, and more features coming soon, according to the app's...
AirPods Pro Second Generation 2 Pairing Feature 1

AirPods Pro 2 Engravings Appear in iOS During Pairing and Connecting

Friday September 23, 2022 9:40 am PDT by
Customers who personalize their second-generation AirPods Pro charging case with an engraving will now have that engraving reflected directly on iOS as they pair and connect their AirPods Pro. Apple allows customers to personalize their AirPods Pro charging case with a special engraving that can include select emojis and Memojis. Unlike before, starting with the second-generation AirPods...
Apple Watch 6 New Features Feature 2

Six New Apple Watch Features Coming Later This Year

Friday September 23, 2022 8:12 am PDT by
With new Apple Watch Ultra and Series 8 models now in the hands of customers, Apple has brought a host of smart new features to many people's wrists. But there's more to come. Apple has a handful of additional features in store for Apple Watch Series 8 and Apple Watch Ultra owners before the year's end, and some of them are watchOS 9 functions, which means they will even work on older Apple ...
new airpods pro ear tips

Apple Explains Why Second-Generation AirPods Pro Ear Tips Are Incompatible With Original AirPods Pro

Thursday September 22, 2022 3:12 pm PDT by
Apple today explained why the new silicone ear tips for the second-generation AirPods Pro are not officially compatible with the original AirPods Pro. In an updated support document, Apple said the original AirPods Pro ear tips have "noticeably denser mesh" than the second-generation ear tips. Apple did not provide any additional details, but the mesh density could result in acoustical...