Apple iPhone battery replacement is affecting sales: Tim Cook
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Apple CEO Tim Cook believes more people are now changing the battery of their old iPhones than upgrading into a new iPhone model and the sales are getting affected due to this. According to Cook, Apple is expecting a loss of USD 9 billion in revenue due to the decreased demand for iPhones and increasing demand for batteries. However, a lot of it happened due to the soaring prices of the new iPhone models.