The so-called “right to repair” has been a thorny proposition for some time now. That’s no different at Apple (NASDAQ:AAPL), where many devices haven’t even been accessible, let alone repairable, leaving customers with little choice but to replace a broken device. Now, in Canada, they’ll get the chance to repair their Apple devices too. Shares jumped nicely on the news, up nearly 2.5% in Wednesday afternoon’s trading.
Under the new plan, Canadians will have access to a range of Apple-specific tools, as well as manuals and other information, to repair their own devices. The program will be available in 2025 and likely before the first half of the year is up. Under the program, 42 different Apple products will be repairable, starting with MacBook Air devices and going down to iPhone 12 phones. Canada will be the 34th country to gain access to the program.
Retro PC Emulators Get the Boot
Retro gamers did well on Apple devices when game emulators (software programs that mimic the functions of a different system) were allowed into the App Store. However, retro PC emulators that could have given Apple users a taste of the old Windows or DOS life won’t get that same treatment. Apple booted out those developers who were working on DOS emulators and x32 emulators because they weren’t working on “…emulators of retro game consoles.”
Is Apple a Buy, Hold, or Sell?
Turning to Wall Street, analysts have a Moderate Buy consensus rating on AAPL stock based on 24 Buys, 10 Holds, and one Sell assigned in the past three months, as indicated by the graphic below. After a 14.47% rally in its share price over the past year, the average AAPL price target of $217.19 per share implies 1.66% upside potential.
