The primary thing here is the Hermes band is made by Hermes and sold in Apple's stores. They don't actually make it. Apple will make higher-end stuff if they c

The primary thing here is the Hermes band is made by Hermes and sold in Apple's stores. They don't actually make it. Apple will make higher-end stuff if they continue to have trouble selling new hardware tho. I expect that they'd actually go both directions, more low-end and more high-end.