Thursday, January 4, 2018

“Batterygate” Could Cost Apple $10.29 Billion

Barclay analysts think Batterygate could cost Apple $10.29 billion. They think the fiasco would result in as many as 16 million lost smartphone sales for Apple , according to Business Insider. “While this is a good PR move for Apple to resolve the issue, we are concerned it could be a mild headwind for iPhone unit sales if more iPhone users decide to take the offer instead of upgrading to a new iPhone,” says analyst Mark Moskowitz.

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