After initially rejecting it, Apple has approved the first PC emulator for iOS

UTM SE is a PC emulator that allows you to run classic software and old-school games.

* Supports both VGA mode for graphics and terminal mode for text-only operating systems

* Emulates x86, PPC, and RISC-V architectures

* Run pre-built machines or create your own configuration from scratch

* Built from QEMU, a powerful and widely used emulator