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APPLE INC.

(AAPL)
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Apple Unveils New Apple Watch Pride Edition Bands

05/24/2022 | 09:05am EDT

A new Shot on iPhone pride campaign will launch in June

In celebration of Pride month this June, Apple® is releasing two new Pride Edition bands with dynamic Pride watch faces in support of the global LGBTQ+ community and equality movement. This year’s Pride Edition Sport Loop showcases a color gradient with the word “pride” woven directly into the band. Apple is also launching a new shot on iPhone® pride campaign on Instagram that captures the essence of artists and figures within the global LGBTQ+ community.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220524005530/en/

Experimental street dancer Jin Lee Baobei, wearing the new Pride Edition Sport Loop band for Apple Watch, shot on iPhone 13 Pro by Collier Schorr. “Pride is an essence that affirms: however you decide to change, grow, and show up is enough,” Baobei says. (Photo: Business Wire)

Experimental street dancer Jin Lee Baobei, wearing the new Pride Edition Sport Loop band for Apple Watch, shot on iPhone 13 Pro by Collier Schorr. “Pride is an essence that affirms: however you decide to change, grow, and show up is enough,” Baobei says. (Photo: Business Wire)

Apple is proud to build on its long-running support for LGBTQ+ advocacy organizations working to bring about positive change, from Encircle, an organization that provides life-affirming programs and services for the LGBTQ+ community and their families, to The Trevor Project, the world’s largest suicide prevention and crisis intervention organization for LGBTQ+ young people. Additional advocacy organizations Apple is supporting include Equality Federation Institute, Equality North Carolina, Equality Texas, Gender Spectrum, GLSEN, Human Rights Campaign, ILGA World, The National Center for Transgender Equality, PFLAG, and SMYAL. Now in its seventh year, the Apple Watch® Pride Edition bands and watch faces illustrate the ways in which the company stands with, supports, and is proudly made up of the LGBTQ+ community.

Pride Edition Sport Loop

Members and allies of the LGBTQ+ creative community at Apple were inspired to deliver a new expression of pride through this unique design. Utilizing the comfortable, durable, and adjustable Sport Loop design, Apple used a new technique to remove several of the double-layer nylon-woven textile loops on the band to reveal the word “pride” in a cursive style inspired by the original “hello” greeting — displayed on the first Macintosh® in 1984 — giving the word a novel, three-dimensional look and feel.

The team designed a color gradient that incorporates the original rainbow colors with those drawn from various pride flags, including light blue, pink, and white, representing transgender and gender-nonconforming individuals, and black and brown, symbolizing Black and Latinx communities. The colors also represent those who are living with or have passed away from HIV/AIDS.

Pride Threads Watch Face

Inspired by multiple pride flags, this new watch face combines colors to represent the strength and mutual support of the LGBTQ+ movement. Mirroring the woven loops of the Sport Loop, each strand of vibrant thread contributes to the overall composition of the watch face. The colorful threads move as the Digital Crown® on Apple Watch is rotated, the display is tapped, or the user’s wrist is raised. Apple is also including new App Clip functionality within the band packaging to deliver a simple and convenient way for customers to immediately access the new matching watch face.

Pride Edition Nike Sport Loop

A new Pride Edition Nike Sport Loop celebrates the full spectrum of the rainbow and features a matching rainbow-colored Nike Bounce face that accompanies the new band. Along with Nike’s Be True collection, the Sport Loop honors individuals who are expanding sport for future generations and inspiring others to feel the joy of being authentically themselves. Be True is part of Nike’s broader commitment to the LGBTQ+ community, which focuses on recognition, advocacy, inspiration, and education.

A New Shot on iPhone Pride Campaign

From Harvey Milk Plaza in San Francisco to Paulista Avenue in São Paulo, the Shot on iPhone pride campaign will showcase imagery from an illustrious group of intersectional creatives, celebrating present-day queer pioneers in places of historic significance to the LGBTQ+ movement. Coming soon to @apple on Instagram, the series will feature works from photographers Ryan McGinley at Stonewall Inn in New York; Evan Benally Atwood at Window Rock in Arizona; Meinke Klein at The Homomonument in Amsterdam; Caia Ramalho at Paulista Avenue in São Paulo; Lydia Metral at Plaza de Chueca in Madrid; and Collier Schorr at Harvey Milk Plaza in San Francisco, featuring Baobei.

Availability

  • The Pride Edition Sport Loop and Pride Edition Nike Sport Loop are available for $49 (US).
  • The new Pride Edition bands are available to order today from apple.com and in the Apple Store® app, and will be available at Apple Store locations beginning May 26. The Pride Edition Nike Sport Loop is also coming soon to nike.com.
  • The new Pride watch face will be available today, and requires Apple Watch Series 4 or later running watchOS® 8.6, and iPhone 6s or later running iOS 15.5.
  • Both the Pride Edition Sport Loop and the Pride Edition Nike Sport Loop are compatible with any Apple Watch.

Apple revolutionized personal technology with the introduction of the Macintosh in 1984. Today, Apple leads the world in innovation with iPhone, iPad, Mac, Apple Watch, and Apple TV. Apple’s five software platforms — iOS, iPadOS, macOS, watchOS, and tvOS — provide seamless experiences across all Apple devices and empower people with breakthrough services including the App Store, Apple Music, Apple Pay, and iCloud. Apple’s more than 100,000 employees are dedicated to making the best products on earth, and to leaving the world better than we found it.

NOTE TO EDITORS: For additional information visit Apple Newsroom (www.apple.com/newsroom), or call Apple’s Media Helpline at (408) 974-2042.

© 2022 Apple Inc. All rights reserved. Apple, the Apple logo, iPhone, Apple Watch, Macintosh, Digital Crown, App Clips, Apple Store, and watchOS are trademarks of Apple. Other company and product names may be trademarks of their respective owners.


© Business Wire 2022
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Financials (USD)
Sales 2022 394 B - -
Net income 2022 99 876 M - -
Net cash 2022 62 947 M - -
P/E ratio 2022 22,7x
Yield 2022 0,65%
Capitalization 2 253 B 2 253 B -
EV / Sales 2022 5,56x
EV / Sales 2023 5,21x
Nbr of Employees 154 000
Free-Float 99,9%
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Technical analysis trends APPLE INC.
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Income Statement Evolution
Consensus
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Mean consensus BUY
Number of Analysts 44
Last Close Price 139,23 $
Average target price 185,78 $
Spread / Average Target 33,4%
EPS Revisions
Managers and Directors
Timothy Donald Cook Chief Executive Officer & Director
Luca Maestri Chief Financial Officer & Senior Vice President
Arthur D. Levinson Independent Chairman
Kevin M. Lynch Vice President-Technology
Jeffrey E. Williams Chief Operating Officer
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