iWatch = iPhone

Not time to buy AAPL yet obviously - the big players are still doing their best to drive the stock down..

Anyhow, my take is that, if AAPL played their cards right, they'd make the iWatch have the entire functionality of an iPhone - except for the small screen size of course - so you'd have to communicate using Siri.

Here's a good deal - if you don't have a phone plan, and you buy an iWatch with a new contract, you can use your iPod as an iPhone - if it's within range of your iWatch - how does that sound? Or your iPad too -- which people might like more. Basically, now the iPhone is no longer what you used to think of it as - though you could still buy one of those if you wanted. Essentially, the full (full-screen, etc) iPhone functionality can be realized using a combination of either iWatch and iPod or iWatch and iPad. Nice?