Apple Inc. (AAPL) Falls Amid Connectivity Issues With New Apple Watch

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The big feature of the Apple Watch 3 that sets is apart from the others is its built-in eSIM that allows for LTE connectivity.

Verge writer Lauren Goode said the new Apple Watches she was testing tried to connect to unknown Wi-Fi networks instead of connecting to cellular when she was without her iPhone. Apple said it is "investigating a fix for a future software release".

It's possible Apple fixes this before the Apple Watch Series 3 begins shipping to customers on Friday.

However, according to reviewers at The Verge and the Wall Street Journal, the new Watch seems to have a problem with LTE connectivity. Year-to-date, AAPL has gained 36.27%, versus a 13.42% rise in the benchmark S&P 500 index during the same period. The problems arise when the watch joins unauthenticated Wi-Fi networks without connectivity. "Poor Dick, he upgraded to the cellular version of the Apple Watch Series 3".

Given the price tag of the LTE connected Apple Watch, as a buyer, I wouldn't be too happy that my new device isn't working as it should on launch day. But if there is one device I credit with having helped me bring down my weight, or take a grip on my stress, it has to be the Apple Watch. While I think that is a bit high, AT&T points out that it already does this when you add LTE to your iPad, which is also tied to your main phone number, so they treat the Apple Watch Series 3 the same way.

Although most of us have been conditioned to never let our smartphones out of our sight, there are many times it is not proper or even convenient to have them with us.

Reviewers have also criticized a cosmetic change in the Apple Series 3 watch. He also praised the quality of phone calls on the new Apple watch.

"The Apple Watch Series 3 is a decent smartwatch, especially for athletes, as long as you're willing to accept some of the tradeoffs (battery life for compact form factor, Apple's own apps vs. third-party offerings)", Nguyen wrote.

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