I disagree. I think many of these wearables are just a bit ahead of their time. I see many people buying the cheaper "smart" watches that don't offer the full feature set but still offer more than traditional watches. I think the "premium" models like Motorola's are just too pricey for the limited advantages they offer. I think as the features expand and the prices drop, wearables will become quite common. These first-movers are going to suffer while the technology and the desirable use cases are fleshed out, but this is only the beginning. Few people would reject a watch that can display the notifications from their phone or allow them to manipulate phones (or other connected devices) with voice commands, but they may not be willing to pay a premium price for something that isn't so great at the traditional watch features.