Wearables have been at the peak of their hype curve this year, but they will face a reality check in the second half of 2014. They are good attention grabbers for big brands like Nike and Samsung, but so far the form factors are immature and, for most consumers, of limited practical use. As Nike’s decision to kill off FuelBand ‘ one of the earliest and most famous wearables ‘ shows, this is a sector which will have to grow up quickly and painfully, so the products with real commercial potential can emerge. Nike will still play in the fitness tracking business, but purely with its software, which mainly runs on iOS. It will cease to produce the wearable gadgets…