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Apple could offer battery rebates, software update coming to newer iPhones

Published 02/06/2018, 03:00 PM
© Reuters. Apple could offer battery rebates, software update coming to newer iPhones
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  • Apple (NASDAQ:AAPL) sees a “strong demand” for replacement iPhone batteries and could offer rebates to some customers who paid full price for the replacement.
  • The company’s statement comes in a letter Apple sent to U.S. Senate Chairman June Thune last week, which was made public today, following December’s acknowledgment that a software update throttled iPhones with older batteries.
  • Apple previously announced a discount program that took replacement batteries down $50 to $29.
  • The same letter says Apple will roll out a software update for last year’s models (iPhone 8/8 Plus and X) since the throttling features added to those phones aren’t necessary due to hardware updates.
  • The newer phones weren’t originally included in the software update plans.
  • Apple shares are up 3%.
  • Previously: Apple roundup: Watch sales up in FY17, second Chinese center, EU investigating Shazam acquisition (Feb. 6)
  • Now read: Financial Exchange Stock Talk: StockWaves' Garrett Patten On Apple And AT&T (NYSE:T)


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