There are so many ways in which you can be an early developer and there are so many ways in which you can have later success, and so many reasons why children may not develop early and so on and so forth...the permutations are just endless.
My own limited experiences:
I was an early developer verbally, understood a lot very young, talked early and with great vocabulary, didn't read until 5 but that was because children in my culture weren't really expected to read until 7 (so still taught myself 2 years early): 40 years later I have a PhD and an academic career albeit not a very brilliant one (have spent too much time as a carer)
My brother was not an early developer, read and talked like other children, nothing remarkable about him, mostly seemed to want to sit around and giggle: he took off towards the end of junior school and his academic career has been considerably more successful than mine (also get the impression he is actually brighter)
Dd was late with all physical milestones, did not talk early at all, but talked unusually well and very mature once she did start, really quite unusual as a 3yo, took a couple of years to learn to read, but was then labelled g&t: she is now doing very well at secondary school and I have a feeling she is definitely post-grad material
Some of her friends were extremely early walkers and talkers and learnt their letters while still toddlers, but have not done outstandingly well at school and do not necessarily now come across as gifted.
Ds is a slow developer- but he is only 9; there may still be room for a spurt like my brother's.