Aaannnd.... I still can't see a point in smart watches.
There never was any from the beginning. It only a fusion of the shortcomings of a watch (small form factory, small 'display area') with the limitations of smart phones (battery life, possible and existing compatibility problems, short software support life, lack of security, artificially fast life cycles, etc.)
A 100 year old pocket or wrist watch can be still functional with little care (and it's value only grows as it ages), these won't live to see the third generation of their kind.