The iWatch will be the precedent to decide if Apple is Apple without Steve Jobs. There are many factors to what Steve did which made their products something to be a part of a person's environment. Wearables have to provide a service that people really want. While the submitter and the article mentions about how 50% of the wearable market is sitting on the shelf, people should take note of every other market before Apple entered it.
Anyone remember the Tablet PC in 2003? That thing was a giant pile of steaming crap that people bought into, but barely used.
Smartphones were alright, but passable. I didn't see much of the advantage and waited until the technology matured. Microsoft nearly killed it, Blackberry saved it, and Apple allowed it to flourish.
Anyone remember the first MP3 players? I had one. They were terrible. I didn't see the point of having a 64MB device that was a nightmare to use. Apple introduced the iPod and everyone else followed suit.
People can trash wearable tech all they want, but I am not going to write it off until Apple fails at it. This will prove that the magic of Apple is truly gone, or ... there really is no point to wearable technology.
From what I see of the leaks though, Apple is doing what they do best so far. They are making the technology simple, small, unobtrusive to one's lifestyle. My iPhone to me is the same way. I don't have the device latched to me in such a way that it feels like an anchor. It's either there or not, but if it's around, I want to use it. Some of the wearable tech that I have seen so far appears to be large, clunky, has a terrible battery life and while might have a lot of functionality, requires too much effort to get anything useful out of.