I think the're many more like you, and that Apple is aware of it. My theory is that they don't want to cannibalize watch sales, or basically regard the watch or wearable market as their future, and the Apple Watch as device to cement their leadership role in this market early on. I mean it works for them, they are the number one wearbales brand now.
It's not only watches, the're the headphones and maybe AR glasses in the future, a distributed wearable system if you'd combine them. That's where things are going I think.
If the'd have continued pushing sff phones (pocket watches), their real watches might not have gotten this traction.