4.7" I can live with, but, please, no 5.5" display. And keep the current 4" size.
Besides 5.5" being way too big, we don't need to hear all of the Samsung trollers saying that Apple is now copying Samsung.
I read an article that panned the whole watch thing. They said iWatch was a verb, not a noun, and that iWatch was all about the TV and nothing about a wearable device. Also used by Apple while they do a double reverse; a way to keep competitors wasting R&D + lots of time and $ on a watch (namely Samsung).