France just fined Apple $27 million for intentionally slowing down iPhones — the amount of profit the company makes in under 3 hours
Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification.France's competition watchdog fined Apple $27 million for deliberately slowing down older iPhone models without telling users, as first reported byApple issued software updates in 2017 that capped the performance of iPhone 6, iPhone 7, and iPhone SE models whose aging batteries couldn't handle surges in energy use.
Apple has faced fines for this practice before, but the amounts have been tiny relative to Apple's sales.
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