DOJ, SEC Launch Investigation into Apple's iPhone Battery Fix

SEC FORM 4 - SEC.gov

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Sen. John Thune, R-South Dakota, also has asked Apple about its decision to slow down iPhones to prevent unexpected shutdowns and requested a reply by January 23. The battery issue is far from over, too, as it appears that the federal government is getting involved. Apple can not seem to get out of the ditch it has fallen in once it announced the slowing down of phones and nobody knows when the negative attention surrounding the tech giants will end. The question is about what Apple's motives were in doing so. Apple has publicly responded saying it isn't intentionally slowing down old iPhones and instead is trying to extend the life of the devices.

Concerns among investors that the sales outlook for the company's iPhone X may not be so bright has led to a recent decline in the share price of Apple Inc.

Taiwanese contract manufacturer Wistron Corp. has asked the Karnataka government for additional land near Bengaluru to expand its capacity to make Apple's iPhones in India, a minister said. So part of the complaint here isn't new.

The Justice Department's and SEC's investigations - first reported by Bloomberg on Tuesday - marked the latest round of scrutiny aimed at Apple over its battery-related slowdown.

So far, consumers have filed about 50 proposed class action lawsuits concerning Apple's latest iPhone software update, which they claimed caused sudden shutdowns and weakened the performance of the SE, 6 and 7 lines iPhone models.

Wistron may start assembling Apple's iPhone 6s in India soon, according to a new report from Reuters.

Set to roll out in the spring, the iOS update will also enable users to turn off the dynamic power management feature, which was introduced in 2016 to prevent older devices from unexpectedly shutting down. "Initial supplies of some replacement batteries may be limited", said an Apple spokesperson in a statement.

Apple has since tried to quell the outrage.

This news organization requested comment, but did not immediately receive a response. The software update turned down an iPhone's processor performance when its battery would begin to malfunction. We know that iPhones have become an important part of the daily lives of our customers and our intention was to improve the customer experience.

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