If you're hoping for an Apple Watch that can function pretty much on its own, even when your iPhone's not present, you'll likely have to wait a little longer.

According to a Bloombergreport, which quotes people familiar with the matter, Apple has tried to integrate a cellular chip into the next version of the Watch, but it just didn't work out, mainly due to battery life concerns.

This does not mean it will never happen; Apple will keep trying, but it's just not ready to ship an iPhone-independent Watch this year.

Instead, the new Apple Watch that we'll probably see this year -- likely called the Apple Watch 2 -- will have a GPS chip and improved health tracking, Bloombergsays.

The GPS rumors isn't new; we've heard that exact same thing earlier in August. That report also claimed the upcoming Apple Watch will come in two variants, one with an improved processor, and the other with a GPS radio and a barometer.

A GPS-equipped Apple Watch would mean more accurate navigation as well as better tracking of activities such as running.

The new Apple Watch will likely be launched in the fall; possibly alongside the new iPhone, which is rumored to be unveiled in early September.