According to the survey UBS conducted, users are more willing to pay a premium price for foldable devices, especially Apple buyers who are even willing to pay more than the rest to get their hands on foldable devices. Now, users everywhere are dreading the thought of standing in line and paying for repairs at the Apple Store or other authorized dealers. Only Apple's internal diagnostic software can clear the message and restore battery health metrics, and Apple doesn't share that software outside of its Apple Authorized Service Provider network.
The same issue also pops up when a battery - even an authorized Apple part - is installed by a fix shop not affiliated with Apple. Apple uses its own version of this chip, but practically all smartphone batteries have some version of the same feature.
If your new iPhone needs a new battery anytime soon, you may not want to bother replacing it yourself or heading to your local third-party shop. Justin notes the culprit behind the move is a Texas Instruments microcontroller that also has an authentication feature. iFixit was able to replicate the problem on an iPhone XS running both on iOS 12 and iOS 13.
Fed is getting into real-time payments business
America's central bank plans to build its own real-time payment system, much to the chagrin of big commercial banks. Trump has publicly said he could fire or demote Powell, his own nominee as chair.
iFixit reports Apple is using a "dormant software lock" on newer iPhones to discourage using third-party repairs and services.
Apple is looking to prevent iPhone users from having aftermarket batteries purchased and installed on their handsets. If either check fails, navigating to the Settings Battery section in iOS will display the word "Service" next to Battery Health. There's an obvious financial incentive here, in that by refusing to sell fresh parts to or warning customers against using third party fix shops, Apple can charge rates reported to be significantly higher than might otherwise be available. "It would be a good investment for them; when else would you get a windfall like that?" A new report, however, indicates that Apple's first foldable product might not be an iPhone, although a foldable iPhone would follow it. In 2017, for example, it was discovered that the company intentionally throttles old iPhone batteries to preserve their performance.
Apple did not immediately respond to Business Insider's request for comment.