Bloomberg last week reported that Apple is planning to launch an LTE version of the Apple Watch last year. John Gruber then suggested that a new form factor was also in the works – though he later added a sentence somewhat walking back the idea.

That tidbit came from an unconfirmed little birdie, though, so I wouldn’t bet the house on it.

But assuming there is actually a new form factor on the way, the natural assumption would be that it would be that we’re discussing the same model. A new top-of-the-range Watch with both LTE functionality and a new design. That is the most likely bet, but I could see a second possibility here …

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