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Stockreport

Apple May Give FineWoven Accessories 1 More Season Before Ending the Line [CNET News]

Apple Inc. (AAPL)  More Company Research Source: CNET News
Last apple inc. earnings: 4/30 04:30 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.apple.com
There's an update to the rumor about FineWoven, an Apple creation made of 68% postconsumer recycled content and used for phone cases, smartwatch bands and the like. On Sunday, Kosutami, a noted Apple leaker, said in a post on X that the company had ended production of the new material less than a year after its launch. And in a new post to X on Tuesday , Kosutami said there will be one more "season" of FineWoven items, even featuring some new colors, before it's gone for good. It's not clear how long the material will continue to be used or which new colors will be introduced. FineWoven was big news when it was first announced in September 2023 as an eco-friendly alternative to leather for Apple accessories. Apple cited the sizable environmental impact of leather production and praised FineWoven's subtle luster and suede-like feel, but apparently it wasn't as durable as the company needed it to be. Apple didn't immediately respond to a request for comment. If the rumors of the [Read more]
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Stockreport

Apple May Give FineWoven Accessories 1 More Season Before Ending the Line [CNET News]

Apple Inc.  (AAPL) 
More Company Research Source: CNET News
Last apple inc. earnings: 4/30 04:30 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.apple.com
There's an update to the rumor about FineWoven, an Apple creation made of 68% postconsumer recycled content and used for phone cases, smartwatch bands and the like. On Sunday, Kosutami, a noted Apple leaker, said in a post on X that the company had ended production of the new material less than a year after its launch. And in a new post to X on Tuesday , Kosutami said there will be one more "season" of FineWoven items, even featuring some new colors, before it's gone for good. It's not clear how long the material will continue to be used or which new colors will be introduced. FineWoven was big news when it was first announced in September 2023 as an eco-friendly alternative to leather for Apple accessories. Apple cited the sizable environmental impact of leather production and praised FineWoven's subtle luster and suede-like feel, but apparently it wasn't as durable as the company needed it to be. Apple didn't immediately respond to a request for comment. If the rumors of the [Read more]
IMPACT SNAPSHOT
EVENT TIME:
AAPL
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
S&P 500 (SPX)
%
 VOLUME RATIO
%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS