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BREAKING NEWS: Apple Admits To Replacing 11 Million Dodgy iPhone Batteries

Finally, it’s been revealed, that Apple has had to replace 11 Million dodgy iPhone batteries in what was known as ‘Batterygate’.

According to analysts ‘Batterygate’ may have had a far bigger impact on Apple’s iPhone sales that the tech giant admitted, it has been revealed.

It’s believed that the exercise has cost Apple hundreds of millions of dollars.

During a normal year, Apple plans to replace around between 1 and 2 million batteries, Cook said during the meeting.

Apple CEO Tim Cook told investors earlier this month that the main drag on the firm’s performance in China had been a sharper-than-expected slowdown in the country’s economy, exacerbated by the impact of trade tensions between Washington and Beijing.

Now it’s been revealed that ‘Batterygate’ cost the Company millions.

In December 2017, Apple was forced to apologize after iPhone users found out that the Cupertino company was ‘throttling’ phones when their batteries degrade.

In an open letter to infuriated customers, the tech giant wrote: ‘We’ve been hearing feedback from our customers about the way we handle performance for iPhones with older batteries and how we have communicated that process. We know that some of you feel Apple has let you down. We apologise.’

The US$29 replacement initiative was active for almost exactly a year.

Last month, Apple issued its first revenue warning in nearly 12 years, sending its shares down 10 percent, their biggest intra-day fall in six years.

Apple plans to launch three iPhone models this year with some new camera features, including three rear cameras for the most expensive model and two for the other models, the Wall Street Journal reported on Friday.

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