[tinus_hn]

Apple has never shied away from creating a product that cannibalizes another of their products market, because they know if they don't someone else will and they will be left with nothing.

The reason probably is that it wouldn't be a good product.

[FussyZeus]

The current Watch offering certainly wouldn't, as I've said elsewhere all the guidelines on how we developers build things for the Watch is a strict "anything that can be done on the phone, should be done on the phone" policy, meaning without the phone the Watch becomes pretty useless.

That could change though, it would make sense if they manage to pack in enough guts while preserving the battery to make the Watch more stand-alone, no reason it couldn't happen.