Apple Watch Series 9 Is Co.'s First Carbon Neutral Product; Co. Phasing Out Leather Bands
Portfolio Pulse from Benzinga Newsdesk
Apple Inc. has announced that its Apple Watch Series 9 will be the company's first carbon-neutral product. Additionally, the company is phasing out leather bands for its watches.
September 12, 2023 | 5:27 pm
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POSITIVE IMPACT
Apple's move towards sustainability with its first carbon-neutral product and phasing out of leather bands could potentially attract environmentally conscious consumers, possibly boosting sales.
Apple's move towards sustainability could be seen as a positive step by environmentally conscious consumers, potentially leading to increased sales. The phasing out of leather bands also aligns with this eco-friendly approach. However, the impact on the stock price will depend on the market's perception of these changes and their potential effect on sales.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 100