Reportedly, Apple. Inc (AAPL) is to sell spare parts and tools to the general public to perform their own repairs on some iPhones and Mac computers. Apple started a program in 2019, allowing independent repair shops to buy its parts, tools, and manuals. The iPhone giant informed that there are now 2,800 independent shops in its program in addition to its 5,000 directly authorized repair providers.
The program will allow Apple customers to buy those parts directly to perform their own repairs after reading a manual. The service will first start online initially with about 200 parts and tools aimed at fixing the most common issues with batteries, displays, and cameras on iPhone 12 and 13 handsets and will eventually extend to Mac computers that use Apple’s M1 chip and later to less common repairs.
The parts will be offered with the same pricing on parts and tools as independent repair shops. Customers will be offered to return their used parts to Apple after the repair to receive a discount. The iPhone giant informed that the program will begin early next year in the United States and will expand to more countries later in the year.
Dow 30 component Apple (AAPL) has 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 four software platforms — iOS, 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 they found it. To learn more about Apple (AAPL) and track its ongoing progress at Vista Partners Apple (AAPL), Coverage Page.
Vista Partners LLC (”Vista”) is a California Registered Investment Advisor based in San Francisco. Vista delivers timely and relevant insights via the website: www.vistapglobal.com with daily stories, weekly market updates, monthly macroeconomic newsletters, podcasts, & Vista’s proprietary equity and market research to help you stay informed and stay competitive. Vista’s mission is to invest partner capital while arming investors with a comprehensive global financial perspective across all market sectors. Vista also seeks to provide select issuers with actionable advice regarding fundamental development, corporate governance, and capital market directives.
Stay Informed! Stay Competitive! Please join us at Vista Partners, receive our FREE email updates throughout the week, and view our exclusive content and research.