The public launch of iOS 14.3 is close.
Apple today began rolling out the release candidate version of iOS 14.3 to developers and public testers (via MacRumors). This means that Apple feels that iOS 14.3 is ready for public consumption, and so it's pushing one final version to testers to make sure there aren't any last-minute bugs that need ironed out.
So long as there are no major issues found with this release, iOS 14.3 should be available to the public on Monday, December 14.
The iOS 14.3 update brings with it some notable new features and improvements. It includes the ProRAW photo format for the iPhone 12 Pro and Pro Max, which lets you shoot photos in RAW for more editing options while still using Apple's image pipeline data, such as noise reduction.
The update improves the experience of using custom icons with the Shortcuts app as it no longer routes you through Shortcuts and then to your desired app when you launch an app with a custom icon. This means your app will launch faster.
Also launched today is the release candidate version of watchOS 7.2 (via MacRumors). This means that the watchOS 7.2 update should be available to all Apple Watch owners on Monday, December 14. The update adds support for Apple Fitness+ and includes the Cardio Fitness metric to help measure your overall health.