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Apple fined for slowing down old iPhones

Summary:
Apple has been fined 25 million euros (£21m, m) for deliberately slowing down older iPhone models without making it clear to consumers. Why didn't Apple inform people that their phones would slow down as their batteries aged? Old batteries can't supply peak current and this can cause a phone to crash, so slowing a phone down might be a good idea, but how many people upgraded their phones when all they needed was a new battery?The fine was imposed by France's competition and fraud watchdog DGCCRF, which said consumers were not warned. In 2017, Apple confirmed that it did slow down some iPhones, but said it only did so to "prolong the life" of the devices.Apple fined for slowing down old iPhones

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Apple has been fined 25 million euros (£21m, $27m) for deliberately slowing down older iPhone models without making it clear to consumers.

Apple fined for slowing down old iPhones


Why didn't Apple inform people that their phones would slow down as their batteries aged? Old batteries can't supply peak current and this can cause a phone to crash, so slowing a phone down might be a good idea, but how many people upgraded their phones when all they needed was a new battery?

The fine was imposed by France's competition and fraud watchdog DGCCRF, which said consumers were not warned.

In 2017, Apple confirmed that it did slow down some iPhones, but said it only did so to "prolong the life" of the devices.

Apple fined for slowing down old iPhones

Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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