I had often been tempted to step into the wearable space with a Pebble, but haven't worn a watch since 1993, and didn't really want to start that again. My phone is always in my pocket. I can see there being a tiny advantage to having notifications a little more accessible, but not enough to pony up a couple hundred bucks.
But like most gadgets, a smart watch is not a "must have" item for most people. There's a limited audience, and once that audience is saturated, companies have to reinvent, reimagine, reintroduce HARD, or they lose customers fast. As soon as Apple entered the wearable space, Pebble's days were numbered.
But even Apple has seen sales decline with iPads and Watches, for the same reason mentioned before… once everybody who wants one has one, who do you sell to?
I've got an iPad 4, and it's getting a little long in the tooth. When I first got it, it actually replaced my laptop at home for most of what I did… reading forums, blogs, watching Netflix, checking email and social media, etc. But I'm in a laptop upgrade cycle now, and that takes priority over getting another iPad that would be less slow than my 16 GB iPad 4. Tablets are wonderful media-consumption devices, but when I need to get real work done, I NEED to use a laptop or another computer that isn't walled-off the way an iPad is.
But I digress…
It's a shame to see Pebble staring down its own demise. They had a great idea (we need more devices with e-ink displays) but ultimately are in the "luxury" devices market, and they tapped out their potential customer base long ago. That's a tough slog.