For all those people writing off the Apple Watch as a failure just a few months after its launch, Piper Jaffray analyst Gene Munster has a simple message: Slow down on the quick judgments.
In a new note to investors, Munster claims that the Apple Watch is doing about as well as he expected so far, but doesn’t predict that it will truly hit its stride until 2017 — when sales of the wearable device will be around 40 million units, or approximately 9 percent of Apple’s revenue.
Here are his full comments:

It’s wise to take that report with a pinch of salt, but it got us thinking; if Apple’s first smartwatch really is a flop, which company can make a wearable worth wearing, and do wearable devices have a future at all?