My view, the AppleWatch is a CE device whose main function is to process data, Health monitoring, Location services, Social networks, Cellular notifications, Apps, Games, Music, Photos etc http://www.apple.com/watch/built-in-apps/ .....and it can also display the time ..... and is worn on the wrist..... and the word 'watch' is used in the brand-name. So while the last 3 points are conflicting (possibly aggressive considering how Apple has been pushing into the high fashion industries to promote the Edition series gold watches) http://appleinsider.com/articles/15/04/15/fashion-designer-karl-lagerfeld-given-custom-all-gold-apple-watch-band ,i think the AppleWatch a CE device not a mechanical or dumb-watch so apple can use lqmt.
The Swatch Group uses lqmt for non-CE watches, so no problem there.