Apple Inc. (NASDAQ: AAPL) has been under fire recently concerning “Batterygate” and the fact that it might have misled its users. The iPhone giant has taken steps to remedy its customers’ grievances, first offering to replace iPhone batteries for $29 — overall a net loss. Now Apple has a new plan to make everyone happy.
In an interview with ABC News, Apple CEO Tim Cook mentioned that the company will be releasing an update that will enable users to decide if they want their device throttled. This update also will allow people to see how healthy their batteries are, because as we all know, batteries age over time.
The point of throttling its older devices was to maintain normal CPU performance and prevent unexpected shutdowns.
According to 9to5Mac:
This implied an enhancement of the Battery screen in iOS Settings to include more information about the iPhone’s battery health and whether users were being subjected to Apple’s advanced power management throttling.
It [Apple’s public apology letter] did not say anything about Apple giving users the choice to disable battery throttling, so either Tim Cook misspoke (in an interview focused on Apple’s investment into the US following tax reform) or he is sharing new details.
Look for Apple to release the developer beta next month, presumably in iOS 11.3. And with the developer beta coming out in February, we can expect the public release of the update sometime in March.
Shares of Apple traded at $179.63 on Thursday, with a consensus analyst price target of $188.06 and a 52-week range of $119.37 to $180.05.
Take This Retirement Quiz To Get Matched With An Advisor Now (Sponsored)
Are you ready for retirement? Planning for retirement can be overwhelming, that’s why it could be a good idea to speak to a fiduciary financial advisor about your goals today.
Start by taking this retirement quiz right here from SmartAsset that will match you with up to 3 financial advisors that serve your area and beyond in 5 minutes. Smart Asset is now matching over 50,000 people a month.
Click here now to get started.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Editors' Picks
