Apple finally issues an apology after its iPhone battery fiasco

Following huge waves of criticism and several lawsuits slamming Apple for purposely slowing down older iPhones to balance power consumption from aged batteries, the tech giant has now issued an apology and has reduced the cost of an out-of-warranty battery replacement from $79 to $29.

In a message posted to its website, Apple acknowledges that it miscommunicated what was happening with its power management features that were included in software updates since at least a year ago. Apple has been blamed for not being more transparent about the sneaky maneuver.

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