We forget that at the time both the original iPhone and the original iPad shipped, other companies had been making smartphones (Palm Treo, Blackberry and Windows Mobile devices) and touchscreen-like computers (Windows XP laptops with stylus input) for several years. The Apple Watch is coming to the market--and the nearest true competitors have only been on the market for at most 18 months. As such, Apple is still on the learning curve on getting the user interface right just like everyone else.
Is the effin thing waterproof to 200 meters?
It is quite interesting that you note that Apple is keeping the production volume low ... considering that in the very first weekend when sales were opened up, Apple had over ONE MILLION units in volume ... while ... for the entire year of 2014, ALL the other manufacturers combined (for Smartwatches) had 700,000 units sold!
AND IN ADDITION ... in the week following that first weekend, Apple DOUBLED its sales, blowing way past all the other manufacturers combined for the entire year last year.
That’s quite AMAZING for them “holding back” ... :-) ...