Apple has a major redesign of the Apple Watch in the works called Watch X. (Picture above is the Series 8).Amazon Apple is planning to release a new model of the Apple Watch for the device's 10-year anniversary. Its set to launch in 2024 or 2025 and include a major redesign of the current Apple Watch, Bloomberg reported. Until now, Apple has largely introduced less significant design changes to the device. The Apple Watch was initially labeled a flop after launching in 2015.