Apple Stock News: Apple Is Offering $29 Battery Replacement After Slowing Down Oldest IPhones

Apple Stock News

After facing a few lawsuits for slowing down oldest versions of iPhones, Apple is offering cheaper battery replacements for a year. The price of batteries for the affected iPhones was reduced from $79 to $29.

Moreover, Apple also published a letter of apologize for their customers. According to this letter, everything was a misunderstanding. On the message, Apple stated that it never had the intention to shorten the life of any Apple product, or degrade the user experience to drive customer upgrades.

Furthermore, Apple will issue an iOS software update in early 2018 with new features that give users more visibility into the health of their iPhone’s battery.

The $50 discount on battery replacements is already available for iPhone 6, iPhone 6 Plus, iPhone 6s, iPhone 6s Plus, iPhone 7, iPhone 7 Plus and iPhone SE.

On September 8th, 2017, I Know First sent to subscribers a bullish forecast for AAPL. Since then, Apple Stock increased 4.94% in accordance with the forecast.

Current I Know First subscribers received this AAPL forecast on September 8th, 2017

For the latest Apple Stock News, AAPL closed at $169.23 per share on December 29th, 2017. It generated losses of 1.08% from its previous close on December 28th, 2017, when it closed at $171.08 per share.

Keep checking back for more news regarding AAPL. For full AAPL daily forecasts and investment advice by our state-of-the-art algorithm click here.

Apple Stock News: What Is Rumored About The New iPhone 6S and 6S Plus

Apple Stock News

Apple’s flagship event is set to take place on Wednesday the 9th of September. The annual fall event is one which is always eagerly anticipated as Apple tend to reveal many of its upcoming projects to the public. Many speculators are expecting a new iPhone, called iPhone 6S. Many also believe that Apple will unveil a bigger more sophisticated iPad and will reveal more details about its new and improved Apple TV projects.

Along side the iPhone 6S, Apple will also release the new 6S Plus, which will feature several upgrades to the current iPhone models. It is rumored that the new iPhones will have a Force Touch feature which works on pressure sensitivity. Meaning the iPhone will know where exactly you are pressing and how hard you are doing so. Moreover, the new phones are expected to boast a 20 megapixel rear camera that can shoot 4K videos as well as a A9 improved processor.

A rumored downside to the new phone is that the phone will be slightly thicker, approximately by one millimeter. The thicker case is likely due to new aluminum used for the shell used to help stop the bending problem some people have had with the iPhone 6.

The iPhone 6S and 6S Plus are expected to come in 16GB, 32 GB and 128 GB size variations with a price tag of $299, $399 and $499, respectively. Furthermore, a significant decrease in price for the iPhone 6  is also likely, post the announcement of the new phones.