Rumor: Next-gen Apple Watch to be released in 2016, see assortment of internal component improvements

Apple could in fact have their eye on releasing on new Apple Watch in 2016.

According to an investor note sent out by KGI Securities analyst Ming-Chi Kuo, Apple is said to be planning two new models of the Watch for 2016. The bigger upgrade, dubbed “Apple Watch 2” for now, will reportedly have “the same general design” as the current Watch, but include new internal components such as a GPS radio, a barometer, a thinner display, and a new, faster 16nm processor from TSMC. These features will require a larger battery, according to Kuo, preventing Apple from cutting down on the device’s size.

The second Apple Watch model is thought to generally retain the same form factor as the original unit, although with updated components. It may also see a price cut in the processor.

Yet another model with a similar form factor is expected to come next year alongside LTE support. In his note Kuo doesn’t believe this will happen until 2018.

Stay tuned for additional details as they become available.

Via The Verge and AppleInsider