Apple starts $29 out-of-warranty battery replacements immediately

Starting today, Apple is lowering the price of iPhone battery replacements from $79 to $29. In 2015, only 38% of fourth-graders, 34% of eighth-graders and 22% of 12th-graders were rated proficient or better in science based on the government's National Assessment of Educational Progress. Namely, Apple (NASDAQ:AAPL) stock fell about 3.3%, and one analyst bet big on Alibaba (NYSE:BABA).

What to look for on an Android?

In a letter to customers posted Thursday, Apple apologized for poor communication about the slowdown and denied it was an attempt to force upgrades.

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iPhone X. Image source: Apple. The Bangalore consumer centre too was inefficient. However, it cautioned that supplies of replacement batteries might be limited at the start of this program.

Alibaba: On its way to $1 trillion? But the program offering $29 battery replacement is now being launched sooner than expected. Its market cap currently stands at $860 billion.

Customers who are under an AppleCare plan or warranty won't have to pay the fee. iPhone 6, iPhone 6s, iPhone SE and iPhone 7 users should first check if they are still covered by their warranty, AppleCare Plan or consumer law.

Meanwhile, TechCrunch noted that some of the company's stiffest competitors like Samsung, LG, Motorola, and HTC took advantage of Apple's predicament.

Alibaba has seen incredible growth recently. Sucampo had $230 million in total revenue last year.

While good news for future customers and in the court of public opinion, Van Loo says it doesn't free them from the potential legal liability. There's also a lawsuit from customers in Israel and one from a French consumer rights group.

Apple's slowing-down of old phones had garnered much media attention in recent days, with some critics suggesting it's a smoking gun of planned obsolescence - a sneaky ploy to entice customers to pay out for newer, more expensive iPhone models. As a college degree becomes a requirement for entering an increasingly competitive workforce, many young people are doing so with a pile of debt. "Maybe this will serve as a positive lesson to Apple about the value of openness and transparency - things it has long lacked".

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