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Why Apple Popped 10% Last Month

·2 min read
Why Apple Popped 10% Last Month
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  • AAPL

Shares of Apple (NASDAQ: AAPL) ended the month of November 10.3% higher than where it started, according to data from S&P Global Market Intelligence, as the tech stock bounced back from what some saw as a disappointing earnings report at the end of October. While supply chain woes continue to dog it, Apple's announcement it was launching a self-service repair program to let consumers make repairs to their own devices helped Apple stock start climbing. Apple is easing into the project by permitting the most commonly serviced iPhone components such as the display, battery, and camera, to be fixed using genuine Apple parts, tools, and manuals by third parties.