For the second year in a row, Apple may hold a media presentation in March to share details on a new Apple Watch launch, as well as the potential debut of a new 4-inch "iPhone 6c" in the spring.

Citing unnamed sources, 9to5Mac reported on Tuesday that Apple is planning to hold a March 2016 event where the main focus would be a second generation version of the Apple Watch. That would put the wearable device on a yearly upgrade schedule, much like the iPhone.

Also said to be a possibility for the event is a so-called "iPhone 6c," which has been the subject of numerous rumors in recent weeks. Specifically, Apple is believed to be working on a new, smaller 4-inch model with an A9 processor and Apple Pay support.

It's expected that a new 4-inch iPhone would be a low-end model, replacing the iPhone 5s at the $449 price range.

Apple held a media presentation this March to give final launch details on the Apple Watch, and also to unveil an all-new 12-inch MacBook with Retina display. The Apple Watch received new color and band options in September, but the internal hardware remains a first-generation device.

Tuesday's report aligns with expectations and rumors, which have suggested that Apple will debut a second-generation Apple Watch in the first half of 2016. The first-generation Apple Watch debuted this year in April with limited supplies, though the company quickly improved availability and distribution.

Rumors about the so-called "Apple Watch 2" have been light thus far, with one report in July suggesting the second-generation model will look exactly the same as the current version, but will boast a larger internal battery. It was also suggested that the new Watch will improve outdoor visibility.