Apple reportedly replaced about 10 times more iPhone batteries than it expected to [CNBC]
Apple Inc. (AAPL)
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Source: CNBC
Apple reportedly replaced about 10 times more iPhone batteries than it expected to Getty Images Apple CEO Tim Cook. John Gruber Apple CEO Tim Cook revealed the figure during an all-hands meeting that was first reported by Bloomberg Apple's battery replacement program The program was launched after Apple began to slow down the performance of devices that had aging batteries and were more prone to turn off without warning. Battery replacements helped iPhones operate at peak performance again. It's one reason why Apple may have missed shipment estimates in its fiscal Q4 quarte On January 2, Apple revised its revenue forecast for fiscal Q1 "In addition, these and other factors resulted in fewer iPhone upgrades than we had anticipated," Cook explained. Cook called out the iPhone battery replacement program in the same letter, when he said that "some customers [were] taking advantage of significantly reduced pricing for iPhone battery replacements." But, he didn't mention that Apple had exp
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