With all the people speculating that the Applewatch Sport will be the cheap entry model, there's an interesting sidenote I didn't pay attention to before:
On Apple's website, the sequence (from left to right) is:
- Apple Watch (the steel one)
- Apple Watch Sport
- Apple Watch Edition
It might just come from habit (being used to read and write from left to right), but somehow I expect such a sequence to be ordered from "lower" to "higher" (quality, price - whatever).
If the Sport would indeed be the most affordable one, I would expect it to be on the far left in the abovementioned sequence - not in the middle.
As one of Apple's product marketing points is lightweightness, perhaps the Sport variant is considered more "premium" than the rather heavy stainless steel one.