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iPhone battery replacements hurt iPhone sales

January 3, 2019

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A revenue loss of $9 billion is what Apple is expecting in the short term, as we’ve heard yesterday. It is not a rumor, report, or hear-say, it is information from a letter written by Apple CEO Tim Cook. There were plenty of reasons mentioned, from exchange rate to the US-China trade war, but the main reason, as we’ve heard repeatedly over the past weeks and months, is weak iPhone demand.

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