To us the iPhone is a powerful computing device. But I think the truth is that most people who buy an iPhone, are really buying a fashion item. How many apps do most people actually have installed? And how many of them do they use regularly? Not a lot.
Now, people who wear watches these days also are also doing so to be fashionable. This is why I think this has mass market potential.
Most people watch video's and surf the web even without installing apps. This takes a lot more processing power than you might think. What they don't use is the GPU, but that's a small fraction of the cost of an iPhone.
Now, people who wear watches these days also are also doing so to be fashionable. This is why I think this has mass market potential.