Apple apologizes for slowing older iPhones

Facing lawsuits and consumer outrage after it said it slowed older iPhones with flagging batteries, Apple Inc (AAPL.O) is slashing prices for battery replacements and will change its software to show users whether their phone battery is good, Reuters reported.
In a posting on its website Thursday, Apple apologized over its handling of the battery issue and said it would make a number of changes for customers “to recognize their loyalty and to regain the trust of anyone who may have doubted Apple’s intentions.”
Apple made the move to address concerns about the quality and durability of its products at a time when it is charging $999 for its newest flagship model, the iPhone X, according to Reuters.
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