That's not relevant. Apple is one of the worlds most valuable company, and they're stagnating. They've been hitting home-runs with products before, and creating new markets.
Watch, even if it ends up eating the whole current market, but not creating new one, is a failure by Apple standards. Unless Apple is going to branch out and become company like Samsung, that makes everything from watches, to nuclear power plants. Apple success story was never about big portfolio of products - they were always about few products, but extremely focused and creating whole new markets for them.
