How do you setup a new watch?
How do you setup a new watch if you are replacing an old watch? Does everything transfer from the old watch to the new one? Should old watch be turned off or left on?
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Just follow the steps in the "Related Article." If you follow those steps everything will transfer, with the exception of minor user choices, and the necessity to sign in with your Apple ID. The old watch can be on, or off...your choice.