Bloomberg says that model will also give you a way to summon Siri without having to tap the headphones. You'll simply have to say "Hey, Siri" the same way you do whenever you activate the voice assistant on an iPhone or a HomePod hands-free. Unfortunately, the model meant to be water-resistant won't be ready until next year, at least -- and it doesn't sound like you'll be able to take it swimming. At most, it won't be affected by rain or splashes of water, but it might not survive being completely submerged in liquid.
Considering Cupertino's "other products" category has been doing very well, it's not exactly surprising that it's taking the chance to grow that part of its business. The "others" category, which includes the AirPods, the Apple Watch and other accessories, saw a 70 percent year-over-year increase in revenue in the first quarter of 2018. You may want to temper your excitement for any new AirPod models, though. According to Bloomberg's sources, Apple could still change its plans or experience delays.
They didn't say if the tech titan plans to withdraw existing AirPods when new ones come out, but Apple is known to make older models available at a lower price when it's time to release upgraded designs. That way, it's lowering the barrier to entry and encouraging those on the fence to give its products a shot.