Report: Apple Inc. to Launch Apple Watch 3 This Fall

The Apple (NASDAQ: AAPL) Watch has either been a success or a failure for the company, depending on one's viewpoint. From one perspective, Apple has spawned a multibillion-dollar revenue stream out of virtually thin air and in the process built a robust wearable-devices platform upon which it and software developers can enable increasingly compelling user experiences.

From another perspective, the Apple Watch isn't the "next big thing" in terms of revenue and profit that some investors might have expected and is therefore a "failure." 

Image source: Apple.

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Source: Fool.com