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To expand– Apple said its revenue loss during the quarter was largely due to weak demand for new iPhone phones because of its defective batteries, according to a message sent by CEO Tim Cook to investors.
Apple said it expects a $ 9 billion revenue loss due to weak demand for iPhone devices.
Last year, Apple admitted that bad batteries sometimes shut down phones, offering to reduce battery replacement costs from $ 79 to $ 29 in order to apologize.
The company explained that the batteries had lost their profits, iPhone users replacing their old batteries with new ones more likely to be quickly damaged, instead of buying a new model of the company's products, for fear of repeating the same tragedy. This can now cost $ 1,449.
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