Along with the new Apple Watch Series 2, the company has rebranded the original smartwatch to be called the Series 1.
But it's not just a name change -- it's also getting an upgraded dual-core processor chip for faster performance speeds and a cheaper price tag.
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The Apple Watch Series 1 is priced at $269 (£269, AU$399) for the 38mm Sport and $299 (£299, AU$449) for the 42mm Sport edition.