Apple Partners With Nike on New Watch in Fitness Push

The transcript discusses the new GPS capabilities of wearables, particularly the Apple Watch, and their impact on the fitness market. It highlights the potential shift in consumer interest from dedicated fitness devices like Fitbit to multifunctional smartwatches. The conversation also touches on the broader market dynamics of smartwatches, the role of services in Apple's strategy, and the future of wearable technology. The speakers express varying opinions on the adoption of smartwatches and the direction of Apple's innovation strategy.

What is the significance of having a new release every year for products like smartwatches?

In what ways do the speakers believe that consumer experience will change with new features?