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AP is cranking out watches. Cheapening the base time and chrono movements has unlocked their way to 70k+ units / year. Also, unlike say PP that has a range of models within their total production, AP is like 95% RO and because they are all boutique sales, you know they are being sold at MSRP. MSRP is like gravity on these, there's nowhere to go on the above MSRP secondary prices but down. Add in a strong dollar in overallocation to the US market and I'd be inclined to wait at a boutique than buy over MSRP grey.
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