The Apple Watch is more affordable than the original iPod was, priced in today’s dollars of course. When the first iPod shipped in 2001, with 5GB of storage capacity mind you, it was priced at $399. Adjusting for inflation, that’s equivalent to $526 in 2015. When Apple in 2002 released a 20GB second-gen iPod, it was priced at $499, the equivalent to $648 in 2015. Even the fourth-gen iPod, released in 2004 and starting at $299, was more expensive in today’s dollars ($369) than the entry level Apple Watch is.
I know a lot of people that say the Apple Watch prices are too much. You likely do too. You might be one of them. But the prices are right in line with the original iPod. And they can do considerably more than the original iPod. Will it be too high for some? Yes. Will Apple still sell millions of them? Yes.