Apple Replaced 11 Million iPhone Batteries in Its $29 Program (cnet.com)

Apple's $29 battery replacement program may have seriously dinged sales of its 2018 iPhone models. From a report: The company replaced 11 million iPhone batteries under the program, John Gruber of tech-focused blog DaringFireball reported Monday, citing Apple CEO Tim Cook at an all-hands meeting. Typically, the company replaces 1 million to 2 million batteries each year, DaringFireball noted. Cook cited the program's negative impact on Apple's revenue in a Jan. 2 sales warning to investors but didn't offer specific numbers.