Oh no way! I almost forgot Apple was going to innovate and come up with something completely new and amazing that will revolutionize the wearable consumer electronics industry, until I saw their promotional ad that I attached so we can all see how cool and hip everyone that wears an Apple Watch will be.
This reminds me of....
You can do the same comparison with Apple TV VS Roku. With the Roku you get a lot more capabilities for a much lower cost
Apple USE to take an idea, make it better, and charge more for it. Blackberry VS original iphone, or any mp3 player VS iPod.
Now Apple takes an idea, sends it to China, spends a few billion on advertising, and then resells a cheaply made copy of the idea for an extremely marked up price. As long as people keep falling for this trick I'm fine buying the stock, but none of their products.
A smartwatch in general isn't a good idea yet because 1. battery life is horrible. 2. cost is too high. 3. there aren't any capabilities that actually warrant them yet. There are plenty of fitness trackers, and everything else a smart watch does just saves you pulling out your phone. If you are walking this saves you 3 seconds. If you are at work or home the phone is probably laying on a surface nearby so it saves less than 1 second. 4. Most of them are ugly. The iwatch is hideous. They look like a $5 digital watch. The iwatch looks like a $5 digital watch that is sold somewhere that they care about 'bling'(ex. the dollar store). 5. They aren't properly waterproofed yet. Most mechanical watches are good to at least 50 feet underwater... not that you would need that, but hey... rain or spilling a drink on them or even swimming with them isn't going to cause a problem.
Please go spend $350 on a watch that stops working after it gets rained on, and then go spend another $350 on the replacement. I'm sure AAPL will benefit.
My mechanical watch requires no charge at all, my arm movements rewind it. Its waterproof. It tells time. It looks a whole lot better than any of these smartwatches. Well the LG one looks good, but it still suffers the other problems.