… There was a glimmer of hope a year ago, when Apple updated the previous watch-sized iPod nano with new clock displays and even began selling nano watch bands in its retail stores. The nano wasn’t a very good watch, but the potential was blindingly obvious — it was Bluetooth and a connectivity protocol away from being the ultimate iPhone accessory. It felt like a brewing revolution in wearable computing …

… Instead there’s the new iPod nano.

It is a cautious step towards familiar price points and predictable sales numbers down a path of declining revenues, not a risky first step towards a revolutionary new platform. Worst of all, it’s not even a compelling product. Take away the multitouch screen and it might as well be a Samsung Yepp from 2007. It runs a goofy proprietary OS, comes in just one storage size, doesn’t support apps or…

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