I wear a battery-powered analog quartz dumb watch on my wrist and I love it. I change the battery every couple years and that's it. It tells perfectly accurate time (way more accurate than a mechanical watch costing orders of magnitude more) and will never be obsolete.
I solar have a g-shock too, but that atomic time setting (by radio) never worked for me. The g-shock is so thick though, I actually find it a little off putting sometimes.
When they sold out to Garmin* and refunded my last order/pledge, I spent _some_ of that refund on a 1957 Russian Kirovskie Sputnik Commemorative mechanical watch.
I know none of my Pebbles or any Apple Watch is going to still be keeping good time 70 years from now... (it gains just under a minute a day - resetting it off my phone's clock when I wind it in the morning has become part of my waking up ritual...)
Edit: * It was FitBit not Garmin, as pointed out in replies by dugfin and spike021 elsewhere in this thread. Thanks.
I always found it disappointing that even the best mechanical watches drift by around a second a day. I guess growing up with software has given me unrealistic mechanical expectations :)
I don't know how much servicing that watch has had over the past 70 years, but it's probably significant.
That kind of depends on your definition of ordinary. Is it ordinary for somebody who buys a watch to spend $400 on it? absolutely. Is wearing a $400 watch ordinary? maybe not so much. Apple claimed to be selling more than Seiko or Citizen two years ago, and the apple watch was definitely a niche then. Apple has done well in the watch market but that's a long ways from iPhone-level success.
I don't think you can compare smart watches with normal watches, totally different use case and market.
On the other hand I would not spend that kind of money for a smart watch. Up to 150 maybe but not more.