Washington: While reports have indicated that Apple Watch 2 will be announced at an Apple-hosted event in March 2016, but that might not be the case. The release date of Apple Watch 2 has been pushed back until September 2016 and is said to be launched alongside the iPhone 7, with the March event instead focused on the iPhone 6c (or iPhone 5se) along with the iPad Air 3.

The Cupertino-based firm is preparing a host of new straps for its smartwatch. A source has claimed that the update will include a handful of new colors for the Sports Bands along with additional colors of Apple’s latest collection, the Hemes bands.

The company is exploring more variations of the Apple Watch, beyond the Steel, Sports and Edition tiers available with the first-gen Apple Watch. Apple is planning to introduce new models that should sit between the most expensive steel Apple Watch (?949) and the cheapest Apple Watch Edition (?8,000).

Apart from updating the body of Apple Watch in its second-generation device, it seems the company might be introducing a new multi-function band alongside it. Recently, Apple filed an interesting patent by the name of “Magnetic Wristband,” and details a magnetic wristband for the Apple Watch that offers additional functionality. According to the patent, the magnetic wristband will include a set of magnets embedded into it, allowing the two sides to join together.

The strap could be wrapped around the watch, which would suspend the screen in the middle of the straps, ideal for protection when being transported or stored. It could also double up as a stand (ideal for Apple’s nightstand mode) as it’s been designed to roll up behind the Watch, propping it up.

ARM has revealed a brand new design for an ultra-tiny CPU built specifically for wearables such as Apple Watch and we want the ARM Cortex A32 in the next-generation Apple Watch 2.

The A32 provides better battery life, with lower power usage and faster performance. It’s up to 25 percent quicker than the current ARM offering, and it achieves this while reducing power consumptions.

The Cortex-A32 processor integrates new power management features compared to Cortex-A7 and Cortex-A5 processors, thus providing more capabilities for embedded applications that require minimal idle power consumption.

The company is planning to add a FaceTime video camera to the second-generation watch, which will allow users to make and receive FaceTime calls via their wrists.

The Apple Watch can only support activity tracking, mobile payments and music playback without a paired iPhone, with many other features including emailing, text messaging and using third-party apps impossible without an iPhone for the Apple Watch to communicate with.

The company is working with Samsung and LG to produce thinner OLED displays for the watch to accommodate a larger battery. The larger battery should provide the Apple Watch 2 with a longer battery life.