Apple faces federal probe over its iPhone-throttling software updates

Apple faces federal probe over its iPhone-throttling software updates

Apple faces federal probe over its iPhone-throttling software updates

Apple yesterday confirmed it is fielding questions from United States agencies about its move to slow down older iPhones as batteries weaken.

Consumers may be buying fewer iPhones than predicted, but they're paying more, on average, for the devices they do purchase, according to the report.

As part of its solution, Apple cut $50 off the price of an iPhone battery replacement, making it just $29.

A perceived lack of exciting new technologies in the iPhone X has also hindered sales, despite Apple introducing a facial recognition technology called Face ID which enables users to unlock their phones by looking at the screen.

But on Wednesday, Apple is seemingly taking steps to make the process easier. Its support website now estimates an estimated 2-4 week delay in Canada. The feature will let users reserve a battery online. For example, PhoneDog takes great pains to point out that Apple had apologised for not being clearer about its actions after the news of its performance-throttling updates came out.

Early reports seem to indicate that the option is only available in Canada now, which may hint that the country is being used as a trial run.

Divorce on tap for eBay, PayPal
The stock is now moving above its 20-Day Simple Moving Average of 5.11% with a 50-Day Simple Moving Average of 10.28 percent. When we see the company's Volatility, it now has a monthly volatility of 2.13% and weekly volatility of 2.17%.

A tipster named K.C. told me that Canada is a trial country, suggesting Apple might opt to enlarge this reservation system into other regions. "Initial supplies of some replacement batteries may be limited", said an Apple spokesperson in a statement.

Apple's battery scandal woes show no sign of abating.

Apple's stock value has been spiraling down for almost two weeks.

Following news that the US Department of Justice has allegedly opened an investigation into Apple's practice of throttling iPhones with ageing batteries, the company is speaking out.

The company acknowledged the probes late Tuesday after both The Wall Street Journal and Bloomberg reported the U.S. Justice Department and Securities and Exchange Commission were investigating how investors have been affected by Apple's handling of the situation. But a spokesperson also referenced an earlier statement that it would never "do anything to intentionally shorten the life of any Apple product or degrade the user experience". Apple told Bloomberg on Tuesday it had been contacted by U.S. government agencies, while it is also under similar investigations in France and Italy.

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