While the Apple Watch was one of the company's biggest high-profile product launch failures in recent history, Apple isn't giving up and is rumored to breathe new life in the smartwatch segment with two new products.
Apple Insider writes that there will be two new smartwatch products in the second half of this year. One will be a minor update over existing models while the other will be a more advanced version with new features like GPS and a barometer. The source of the news is a leaked investor note from KGI analyst Ming-Chi Kuo:
Kuo believes Apple is planning to launch two new Apple Watch versions in the second half of 2016, both of which offer moderate improvements over their predecessor. The first unit will be an iterative upgrade on the original Apple Watch and is expected to sport the same aesthetics, but with improved intervals like a TSMC processor built on the 16nm process. Waterproofing should also be slightly improved.
A second version, dubbed "Apple Watch 2," is also expected to share the same general design as current models, but will include a GPS radio and barometer for improved geolocation capabilities. A higher capacity battery will be included to power the advanced components, but its size will prohibit Apple's usual generational device slimming.