Advertisement
Canada markets open in 9 hours 14 minutes
  • S&P/TSX

    21,740.20
    -159.79 (-0.73%)
     
  • S&P 500

    5,061.82
    -61.59 (-1.20%)
     
  • DOW

    37,735.11
    -248.13 (-0.65%)
     
  • CAD/USD

    0.7245
    -0.0008 (-0.11%)
     
  • CRUDE OIL

    85.87
    +0.46 (+0.54%)
     
  • Bitcoin CAD

    86,332.01
    -3,175.88 (-3.55%)
     
  • CMC Crypto 200

    885.54
    0.00 (0.00%)
     
  • GOLD FUTURES

    2,403.70
    +20.70 (+0.87%)
     
  • RUSSELL 2000

    1,975.71
    -27.47 (-1.37%)
     
  • 10-Yr Bond

    4.6280
    +0.1290 (+2.87%)
     
  • NASDAQ futures

    17,846.50
    -29.75 (-0.17%)
     
  • VOLATILITY

    19.23
    +1.92 (+11.09%)
     
  • FTSE

    7,965.53
    -30.05 (-0.38%)
     
  • NIKKEI 225

    38,372.20
    -860.60 (-2.19%)
     
  • CAD/EUR

    0.6825
    +0.0001 (+0.01%)
     

Apple's 'I'm sorry' for throttling old iPhones isn't good enough for Congress

The drama surrounding Apple's old iPhone batteries isn't over yet. 

Four U.S. House Republicans sent a letter to Apple CEO Tim Cook on Friday asking for answers on batterygate. 

SEE ALSO: Apple's latest iPhone battery fiasco is a betrayal inside of a betrayal

In December, Apple admitted to throttling the speed of older iPhones to increase battery performance, a long-time conspiracy theory among iPhone users that turned out to be true. As a result, Apple issued an apology to its customers, and announced reduced pricing for out-of-warranty iPhone battery replacement, from $79 to $29. 

ADVERTISEMENT

But the apology and explanation from the billion dollar company wasn't enough for House Republicans, who want more answers on the subject, according to Reuters

The report also notes that U.S. Senator John Thune sent a similar letter to Apple on Tuesday. Thune is the chair on the the Senate Commerce Committee.

Cook reportedly made $12.8 million in 2017, according to a statement filed with the Securities and Exchange Commission

WATCH: This might be the ultimate showering experience

Https%3a%2f%2fvdist.aws.mashable.com%2fcms%2f2018%2f1%2fee341ac7 e521 0b01%2fthumb%2f00001
Https%3a%2f%2fvdist.aws.mashable.com%2fcms%2f2018%2f1%2fee341ac7 e521 0b01%2fthumb%2f00001