The leaked image implies that the third-generation Apple Pencil will go back to the glossy design of the first-generation stylus as the Apple Pencil 2 has more of a matte finish. Other than that, the upcoming pencil resembles the current version, which is shorter than the original stylus and attaches magnetically to the side of an iPad and charges in that position.
Apple is expected to release the new iPad Pro this month. The 2021 slate will likely be powered by a new 5nm chip, which will apparently be known as the A14X Bionic. A recent report says that it will be as powerful as the Arm-based M1 chip that fuels the new crop of Macs. Also on the cards is a new mini-LED display technology and better cameras.