Apple has really fallen down the tubes if people are expecting something as stupid as an "iWatch" to be a big seller.
iWatch Owner: "Hey look everyone! My watch shows me the weather and I can even check stock quotes!!!"
Everyone else: "Just use your phone, dummy."
I find it interesting that 10 years ago, it would probably have gone like this:
"Hey look, my phone can show me the internet and do email!"
"Just use a PC for that, dummy!"
Seriously, in order to innovate, such cynicism would have to be removed. A watch, if you actually think about it, can serve for a very rapid way for data presentation without the need to pull something out of your pocket, and without putting something on your face (google glass).
The fact is that you're having a very close-minded approach, and you aren't thinking about the advantages it may present, as you're still stuck with the modern day idea of a watch. You don't want to think about what it can do.