Maybe but if you look at their history of collaborations, Hermes don't hang around. See link i posted before: https://www.hodinkee.com/articles/what-hermes-means-to-watch-collectors-apple-watch-hermes
Hermes has partnered up with plenty of iconic brands before (e.g. Rolex, Leica)...and their partnership is short-lived. Basically, they make one special edition.
I hope that you're right and that hermes makes an exception this time...but given their heritage (and they are themselves an icon), i doubt that we will see Hermes with Gen 2.
As an Apple fan, i am pretty sure that Apple need(ed) Hermes more than Hermes need Apple. Hermes is already the top dog in leather fashion & quality.
As I recall, they did say they would be "open" to another partnership. It would be nice if there were a follow-up. There is a wide range between the stainless steel link and the Edition, and the Hermes fills part of that.