Apple considers rebates for some iPhone battery replacements

iPhone Battery Replacement Program Of Apple Now Live In India

2 Analysts are Bearish on Apple Inc. (NASDAQ:AAPL)!! Stock Downgraded “sector weight” & “market perform”

Or you can always just get a new iPhone.

Ever since Apple accepted to slowing down older iPhones, consumers and national governments have reacted. Apple said in December it would replace batteries on iPhone 6 models and later for $29. In theory, they should retain their same performance from update to update. This section will show the user the battery's maximum capacity and whether or not it's operating at its peak capacity, according to MacRumors. Apple seems to be taking a middle ground here to address users' concerns.

In the letter dated February 2, 2018, Apple explains how the lithium-ion batteries found in its iPhones age over time and become less able to handle high workloads.

Despite not being a widespread problem affecting all iPhone X owners, The Financial Times claims that there have been a growing number of complaints being posted on Apple's forums since December previous year.

Acting good on their promise, Apple has begun rolling out the new Battery Health feature in the latest iOS 11.3 Beta 2. As a result, the impacts of performance management may be less noticeable on iPhone 8, iPhone 8 Plus, and iPhone X. The new update, promised by Apple, falls after criticism over its revelation it slows down older iPhones to prolong battery life without telling customers.

For instance, a rating of 100% means that the iPhone's battery is in flawless health, but 79% means that it's not functioning like it used to. Apple's chief software engineer, Craig Federighi, has said that they're focusing on making their software as sturdy and bug-free as possible. After the backlash, Tim Cook conceded that Apple would soon release a feature wherein users would have the option of choosing. Apple had recently slashed the price of battery replacement service across the world after the company was criticised for intentionally slowing down iPhones. Battery replacement will bring the phone's performance to normal levels.

Few details are revealed, so it's not known whether this would supplement or replace either of Apple's existing financing schemes, which offer interest rates ranging from 0% to 28.24% ...

Apple (NASDAQ:AAPL) opened at $163.03 on Friday. During the same quarter in the previous year, the business earned $3.36 EPS. sell-side analysts expect that Apple will post 11.3 earnings per share for the current year.

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