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[Update] Apple says sorry for iPhone slowdown, offers USD29 battery replacement for a year

Apple has landed itself in hot water the last couple of weeks after it admitted that it deliberately reduced processor speeds on iPhones with old batteries. The move was purportedly to preserve battery life and reduce unexpected shutdowns.

[Update: 4.30PM, 30.12.2017] Battery replacement program is in effect immediately, through December 2018.

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