It seems unlikely that an Apple iWatch is going to levitate Apple hundreds of billions of dollars in market cap, so the question is, where is the equilibrium point to this downward move?

FORBES: Is Apple's Future BlackBerry, Microsoft Or Amazon?

The economic effect of such small raises, if the minimum wage is set close to the equilibrium point for low and unskilled workers, is not huge in itself, though it has ramifications for general wage levels, for bargaining over wages and benefits.

FORBES: The Awful Minimum Wage

The magnetic forces will push it towards the centre, but gravity will pull it downwards until an equilibrium point is attained.

ECONOMIST: Monitor