A new, perhaps unexpected, twist in the story that saw Apple begin artificially throttling the speed of older iPhones with poor quality batteries in them has occurred today, with the news that the U.S. Department of Justice and the Securities and Exchange Commission will both investigate whether the company violated securities laws.
Apple disclosed information recently that it had issued a software release that slowed older iPhones, prompting the investigations.
The government has apparently requested information from Apple, with Bloomberg citing sources that, understandably, do not wish to be named. Those same sources also reiterated that it is very early days in the investigation and that it is too soon to know whether any action will be taken against Apple. Unsurprisingly, neither Apple nor the SEC offered comment when asked by Bloomberg, although the company’s shares do appear mildly affected by the news.
This whole situation came about after Apple told users a number of weeks ago that it was slowing down older iPhones in order to make their poor quality batteries last longer. The move was carried out via a software update that arrived earlier in 2017, with Apple subsequently apologizing for their poor communication surrounding exactly what that software update was doing.
Replacing an impacted iPhone’s battery with a new one will rectify the issue, with Apple offering a 75% discount on the price of a replacement by way of making amends. Anyone wishing to get a new battery installed in an iPhone 6 or newer can do so for the reduced price of $29 for the remainder of 2018.
Apple has also confirmed that it will offer users control over their iPhone’s speed as part of the upcoming iOS 11.3 update, although that is not expected to arrive for a few weeks yet.
(Source: Bloomberg)
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