Real-world bemusement...

Amongst all the Nigerian and body-part enlargement spams, I also have been getting a large number of spams for Rolex (and other brand) watch replicas.

Is this actually anything that people in any numbers CARE about? Wristwatches, I mean? I have an iPhone that tells time, most people I know have some form of cell phone, why the hell would anyone want a wristwatch that does nothing BUT tell time, and that costs as much as an iPhone did when they first came out?