The latest rumor regarding the second generation Apple Watch claims the device will arrive mid-to-late 2016, AppleInsider reports. The report cites Cowen and Company analyst Timothy Arcuri as their source. Arcuri's research memo also says Apple will ship 18 million Apple Watches by the end of 2015, with at least 45 million shipped in 2016.

Thus far, rumors regarding the second-generation Apple Watch have been scarce, but there are a few. Check out these top five rumored features coming to the Apple Watch 2: 

3D Touch - This feature currently found on Apple's iPhone 6s devices is said to be added to the second generation Apple Watch, reports Trusted Reviews. The feature which registers three levels of contact (tap, kinda push and totally push) will allow users to preview messages, weather and more without having to totally open an app.

Wi-Fi - The new watch is said to see an increased independence. The current generation Apple Watch relies on a tethered iPhone for everything including messaging, weather updates, location tracking, Apple Pay and much more. The move would be ideal for customers looking for a standalone device like the Samsung Gear S. 

Design - The watch's design will likely remain unchanged but customers could see the device slim down a bit. Additionally, Alphr reports that the sport watch could see an update increasing its IPX7 waterproof standard to an IP67 rating. 

FaceTime Cameras - The current generation watch has a lot of features but is missing some key elements. Back in June MacRumors reported that the second-gen Apple Watch will likely including a front-facing FaceTime video camera. According to the report, the FaceTime camera will be built into the Apple Watch's top bezel and enable users to make and receive FaceTime calls on their wrists.

Expensive Watch Faces - 9To5Mac reports that Apple is currently seeking watch faces beyond the Sport, Watch and Edition models. The company is looking to attract customers at a price point between $1,000 and $10,000.