Apple now lets you Buy Parts so you can Fix your Phone Yourself

Yesterday, Apple opened its Self Service Repair online store as the “right to repair” movement has put pressure on U.S. regulators to give consumers more control over their products.

The new program, announced in November, will offer more than 200 parts and tools customers can use to repair the iPhone 12, iPhone 13, and third-generation iPhone SE. Customers will be able to fix features such as the display, battery, and camera with the new tools, according to Apple. The parts cost the same as and are identical to those Apple’s authorized repair providers have access to.

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China and Iran looking to Expand Military Cooperation

Iranian President Ebrahim Raisi expressed yesterday his government’s desire for closer cooperation with China in remarks made during a visit by the Chinese defense minister, state media reported.

According to the report, Raisi told China’s Minister of National Defense Wei Fenghe that Tehran sees its ties with Beijing as strategic. Closer cooperation would serve to confront what the Iranian president described as U.S. unilateralism as talks to revive Tehran’s nuclear deal with world powers have stalled.

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Pending Home Sales Tumble for the Fifth Straight Month

Pending home sales, a leading indicator of the health of the housing market, declined for the fifth straight month in March, according to the National Association of Realtors.

The trade group’s index that tracks the number of homes under contract to be sold fell 1.2% to a reading of 103.7 in March from the previous month and sank 8.2% from a year ago. An index of 100 is equal to contract activity in 2001, said NAR. Analysts expected a 1.1% decline in pending sales from a month earlier, according to consensus estimates.

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Activision Blizzard has Lost 63 Million Active Users in the Past Year

Activision Blizzard finished Q1, ending March 31, 2022, with $1.77 Billion in net revenue, down more than 22% from the $2.28 Billion generated during the same period a year earlier. Net bookings, meanwhile, checked in at just $1.48 Billion compared to $2.07 Billion in the year-ago period.

Worse yet is Activision Blizzard's monthly active user count, which fell from 435 Million at the end of Q1 2021 to just 372 Million at the end of the most recent quarter. The silver lining here is that from Q4 2021 to Q1 2022, total MAUs actually increased but only by a million users.

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