Watches lose ground to cellphones

Watches lose ground to cellphones: "The way we track time is changing with the times.

Market researchers say wristwatches are no longer a must-have accessory, as more people are carrying electronic devices that also tell time, whether a cellphone, an iPod or a BlackBerry.

In a late 2006 survey, for example, investment bank Piper Jaffray & Co. found that nearly two-thirds of teens never wear a watch — and only about one in 10 wears one every day."