Apple to Release Software Patch for Apple Watch Battery Drain Issue in Upcoming Update

Upcoming software patch expected to resolve widespread complaints of rapid battery drain in various Apple Watch models following watchOS 10.1 update, timeline for its release remains uncertain.

Following the release of watchOS 10.1, a large number of Apple Watch users experienced drastic battery drain. Some devices went from 100% to 50% charge in less than an hour, as per user reports.
Apple has recognized the issue as significant in an internal memo and promised a forthcoming software patch, interspersing reassurances to their user community that a solution is 'coming soon'. However, there are no details about the timeline for its deployment yet.
Various Apple Watch models including both the latest like Ultra 2 and Series 9, and older models including Watch SE and the Series 5, seem to be affected as reported on support forums and social media.
iOS 17.1 update brought partial relief by resolving a problem involving 'increased power consumption' when a Watch running watchOS 10.1 is paired with an iPhone using iOS 17, but the issue remained unfixed.
This widespread battery drain problem is a cause for alarm for many users, especially with reports of some watches dying completely after just three hours from a full charge.