Apple battery replacement may mean 16 million fewer iPhones sold

CALIFORNIA: Apple Inc.’s offer to replace iPhone batteries cheaply may cut sales of new handsets by millions of units this year, according to Barclays analyst Mark Moskowitz. The Cupertino, California-based company recently said it intentionally slows down iPhones with older batteries to prevent the handsets abruptly shutting down. Apple stressed that it hadn’t intentionally slowed Read More