Used to be true. Why wear a watch when your phone tells time better than the best Switzerland can produce?
However, you still have to pull out your phone.
That's where the Apple watch comes in. Turns the value proposition around 180°! Everything of immediate importance that your phone knows, including the exact time (not the Swiss chronometer time, LOL!), is available from the watch! Suddenly your watch, formerly a redundant (in the UK sense) bauble, has real role to play: saving you from having to fumble for your friggin' smart phone!
I wear my father’s Rolex Oyster Perpetual that he purchased at a PX in Paris in 1954 for $100. it’s worth a little more than that now. Each day I put it on an think fondly of Dad. It is a marvel of engineering, this watch, and one day I will pass it on to one of my grown children. It will be on the wrist of someone in my family for at least 2 more generations, and now that the grand kids are getting older it looks like there will be a generation to follow them as well. I am content with my iPad and my Droid, my wife has her iPhone and a Droid Tablet (seriously). You may keep your symbol of technological capitalistic glory. Some things are too valuable to be given up....