On March 1, Apple will start charging an extra $20 for battery replacements on out-of-warranty iPhones, according to an update on the AppleCare+ webpage.
The new price will be $99 for the iPhone 14, and while these models are currently under warranty, they won't be after the one-year anniversary of their release in September 2023.
At that point, the higher price point could encourage customers with broken batteries to simply buy a new phone rather than shell out nearly $100 for a replacement part.
Apple has adjusted prices multiple times in recent years, as supply chain issues have raised production costs. Just last month, labor unrest at an iPhone supplier in China led to a production shortfall. The company struggled with similar disruptions throughout the pandemic.
There is also a history of consumers pushing back against Apple's practices around batteries. The company in 2020 was forced to pay $113 million in fines to settle consumer fraud lawsuits around a controversy known as "batterygate," in which iPhone users discovered that Apple installed new software that made devices with older batteries operate slower.
In addition, CEO Tim Cook in 2019 wrote in a letter to investors that "some customers taking advantage of significantly reduced pricing for iPhone battery replacements" was partly behind a lower-than-expected iPhone sales.
The Tennessee senator is getting behind an effort to reform Section 230 of the 1996 Communications Decency Act, which protects online services from legal liability for what users publish on their platforms.
Cheddar's Need2Know Podcast for Fri., June 19, 2020.
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From milk to canned tuna to shampoo, soy is in a good majority of our day-to-day products. It’s added to around 60% of the nation’s processed foods. Soy has been known to provide some real health benefits, like high protein. But there are legitimate health and environmental consequences that raise the question: why do we use so much soy? And should we?
Recent data shows that Quibi isn't gaining as much traction with viewers as one might expect, especially with the initial subscribers' three-month free trial period wrapping up in a few weeks.
From Wall Street to Silicon Valley, these are the top stories that moved markets and had investors, business leaders, and entrepreneurs talking this week on Cheddar.
As Twitter waded into controversy for taking steps to fight misinformation and controversial remarks from perhaps its most famous tweeter, President Donald Trump, Facebook has taken the opposite tack, but with no less backlash.
Nikola Motor Company, the hydroge-electric truck manufacturer,
