But, and here we get to the bad news, according to Kuo, the new Apple Watch Ultra 3 will have, to quote, “almost no” hardware upgrades compared to the current Apple Watch Ultra 2.

Despite its radically different design from anything Apple has introduced before, Apple Watch Ultra has been updated for its second generation in 2023. However, the second version has only a few minor improvements, such as a slightly faster chip, a brighter display, and improved ultra wideband technology.

Ahead of Black Friday last year (arguably the best time of the year to upgrade your tech), the recently released model dropped to $739, but it’s even less right now. You can get the Apple Watch Ultra 2 for $714— an all-time low at Amazon. As long as you don’t mind the Titanium case and Blue/Black trail loop wrist strap, that is.

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After an ongoing legal battle, it looks like Apple might release a new Apple Watch Ultra 3, but without much in the way of upgrades.

It looks like Apple might follow an annual launch cycle for the Watch Ultra series, while stitching to a biannual cycle for the Watch SE. We can also expect the launch of the highly anticipated Apple Watch X in 2024 or 2025,

Apple is set to launch the Apple Watch Ultra 3 this year, but fans may be disappointed as significant hardware upgrades are unlikely.