As both a customer who would like to buy a fully-baked Apple TV and a shareholder who would like to see Apple focus on a market with greater potential, I'm dismayed to see them pursue wearables. It feels like a vanity project to me more than anything else.
I think Apple has been gradually sneaking their way into the TV market. Every time I switch on the Apple TV, there are new channels -- it's starting to look like the menu of my cable TV. And in his interview with Charlie Rose, Tim Cook hinted that the Apple watch will function as a remote for the Apple TV.
Now, that would be something -- a remote I never have to search for because I'm already wearing it!
The Apple Watch is NOT a 14 year equivalent product. Design wise it's "fine" but nothing that blows the competition out of the water. Everything they've revealed for the watch so far are features that has been around for well over a year if not 2.
Not that I've been following other smart watches all that closely, but does any of them have a taptic notification system? That's a feature in the Apple watch I'm looking forward to. I come home, tap the opening bars of Beethoven't 5th symphony on my wrist to signal "open the door," my partner gets the taps, comes over and opens the door. Much faster than fishing my phone out of my pocket and tapping out "open the door" on the phone's on-screen keyboard.