Apple is planning a major overhaul to commemorate the 10th anniversary of its watch with a new device named the “Watch X.”
- Apple is reportedly scheduled to release its Apple Watch Series 9 lineup and other devices at an event in September.
- The company is reportedly planning a big upgrade to celebrate the 10th anniversary of the Apple Watch, where it will unveil the “Watch X.”
- The Watch X will feature a thinner case, a microLED display and blood pressure technology, and designers are considering a magnetic band.
According to reports, the Watch X will have a thinner case, and designers are investigating a magnetic band that is slimmer and takes up less space than the original Apple Watch bands.
The watch will also reportedly contain a microLED display for improved color and clarity and a mechanism for users to monitor their blood pressure.
The company will also likely unveil its Apple Watch Series 9 lineup, alongside new iPhones, during an event in September. The watches will have new colors and quicker CPUs. These modifications are minimal compared to what Apple has planned for the Watch X, which will be unveiled in 2024 or 2025.
However, it demonstrates that Apple is aware that most people still purchase their first Apple Watch. Unlike the iPhone, people do not upgrade their Apple Watches every year. According to Bloomberg, Apple is reportedly planning a new version of the high-end Apple Watch Ultra, though it’s unclear what would be different.
Apple does not break out sales for its watches, which are included with other products like AirPods, HomePods, and Apple TV in the “Other Products” category. This segment’s revenue was $8.28 billion in the fiscal third quarter, up 2% year on year.
As of early trade Monday, Apple shares were up roughly 37% year to date. For the same time span, the Nasdaq Composite has gained by around 30%.
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