This suggests that something already announced in 2014 is the "something", and that you simply haven't grasped its significance.
Maybe he meant the Apple Watch, but I think it's more likely that he meant Apple Pay (of which the Apple Watch, the iPhone, the iPad, and eventually the Mac are part).
Since you are still waiting, I'm guessing you don't see the significance of Apple Pay. Yes, it's not a mature product so far. But Apple has a long-term strategy. If you judged the significance of the iPhone or iPad by how much impact they had in just a few months after being revealed, you'd have said "Still waiting..." about them, too.