Apple Watch: deep tether dependence on iPhone for critical use cases (music, gps while running, accelerometer?) will be a killer liability?
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Limiting adoption to tens of millions of iPhone owners isn't a bad limitation though.
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It will limit adoption even *among* iPhone users...w/o independent gps, it's incomplete fitness device...
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Especially considering the profit margins on a $350 smartwatch must be pretty damned high.

