Amidst an ever strengthening chorus of criticisms that Apple is on the "cusp of irrelevance" if it doesn't return to its innovative roots with the release of a bold new product in a new product category (and soon), Time magazine today published what's being billed as an Apple doomsday clock.

In fact, by author Harry McCracken's account, if Apple fails to release the long-rumored iWatch within the next 60 days, Apple may fall past the point of no return, especially with a growing number of tech companies forging ahead with great success in the wearables market (like Google formal announcement

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