Flip that around and the bands do most of what the watch can do but at significantly less cost...
That's completely true when you look at a high-level, bullet-point list of marketing features. The story changes
completely when you dig into the details of
how the watch delivers each feature.
For example, take one feature:
remote control of music.
Weeks before I got my watch, I bought a Garmin vivosmart band. It provided remote control of iPhone music via four buttons: Play, Pause, Next, Previous. Basically the same four "dumb" buttons you get on Bluetooth headphones. That was it. It was adequate. It was certainly more than I had before.
My watch provides those controls too, but I can
also effortlessly browse my entire iPhone music library by artist, album, song, playlist, etc. I can select anything I want to play and see the title, artist and even cover art. It's exactly like having a 128GB iPod nano on my wrist. Mind-blowingly better for just twice the price. What's more, I can switch apps and take control of any of the Macs, Apple TV's or AirPlay speakers at home.
Similar story with notifications, email, etc. etc.