Microsoft recently confirmed it's working on a next-generation wearable fitness tracker, and the company is reportedly ceasing production of its current tracker to prepare for its release.

According to a report by Gdgt Arena, Microsoft "is halting production of the original Band." The report further clarifies that the company is selling out its existing stock and no more units will be available after the company runs out of refurbished stock.

Kevin Turner, Microsoft's chief operating officer, recently confirmed the company is working on the Band 2, though he didn't elaborate on a potential release date. A report in late March claimed Microsoft is widely testing the device internally and said it could be released soon. It's possible Microsoft could plan to unveil the new fitness tracker alongside its new smartphones, which are anticipated to be revealed sometime in the next two months.

Little is known about the Microsoft Band 2, though reports have indicated its hardware will be overhauled to feature a curved display instead of the current Band's flat display. It's not known if any significant new tracking capabilities will be available, however.

Source: Gdgt Arena