Description: After sustained pressure from the so-called right to repair movement, Apple has agreed to make certain spare parts available to consumers who want to fix their own iPhones and laptops. Apple had previously resisted the notion of consumers repairing their own devices, though a couple of years ago, it opened its parts and tool inventory to independent repair shops. Because of Apple’s size and influence in the tech space, this move may be a major turning point for the right to repair campaign.
Date: November 17, 2021
1) Have you ever tried to repair your own electronic devices but met a wall in terms of parts availability?
2) Why do you think companies like Apple have been reluctant to market spare parts and repair tools direct to consumers?
3) On page 10-10 in Wiley’s Financial Accounting: Tools for Business Decision-Making, we read about provisions for warranties. Do you think this change in approach by Apple will have any impact on the calculation of the provision for warranties on Apple devices?