Now, the latest set of rumors calls for a potential 2024 release date for the Apple Watch Ultra 2nd Gen, alongside the iPhone 16 generation, which would make sense. The Apple Watch Ultra is still a novel and premium product among Apple’s smartwatch lineup, and could easily skip a generational refresh in 2023 in favor of a major design and hardware upgrade come late 2024. By then, Apple should have transitioned to a much smaller and more efficient manufacturing node for its mobile chips, likely TSMC’s 3nm process, which would potentially introduce big efficiency gains and longer battery life. All current Apple Watches, including the Ultra, are powered by variations of the S6 chipset.