Reported upgrades include up to 24 hours of battery life, IP67 water resistance, faster and more reliable device pairing / switching with Bluetooth 5.3, and integrated Find My tracking on both Apple and Google’s networks. 9to5Mac also says Apple plans to update the Pill’s charge-out and input ports to USB-C, from USB-A out and Lightning in. There’s also a detachable carry strap (as displayed by LeBron James and Daniel Ricciardo).
According to the report, we can also generally expect a richer sound profile thanks to redesigned and repositioned drivers and tweeters. These all sound like fine reasons to upgrade, if true, but we’ll judge that once the real deal is out.