Apple (AAPL) unveiled the new Apple Watch Series 3 to an assembled audience at its new Steve Jobs theater on Tuesday.

The watch may be a must-have on many a fitness junkie's holiday wish list. 

Tired of having your iPhone slow down your run? Along with other updates, the watch features cellular for the first time ever, which will allow users to utilize many iPhone features including iMessage, phone calls and a talking Siri directly on the watch without having an iPhone nearby.

The watch also includes a redesigned workout app, that incorporates new heart monitoring technology that was developed with Stanford University's assistance. 

Despite updated technology, the watch will still be the same size as the Series 2. The cellular enabled version of the watch carries a price tag of $399, while the version without it will cost $299.

Will you be picking one up? 

Watch More with TheStreet:

N/A

More from Video

Canopy Growth CEO: Here's What the Future of Cannabis Looks Like for Investors

Canopy Growth CEO: Here's What the Future of Cannabis Looks Like for Investors

Market of the Week: Euro FX

Market of the Week: Euro FX

Bye, Bye, Bye Sears: The Week Ahead

Bye, Bye, Bye Sears: The Week Ahead

How to Be a Tactical Investor in the Current Market

How to Be a Tactical Investor in the Current Market

Cannabis Legalized in Canada: Keys for Sellers to Unlock Huge Market Opportunity

Cannabis Legalized in Canada: Keys for Sellers to Unlock Huge Market Opportunity