Apple is facing legal action around the world for deliberately slowing down older iPhones. Apple (AAPL) claimed good intentions: It said that a recent software update helped prevent iPhones from suddenly shutting down. Related: Apple apologizes for slowing iPhone, drops battery pricesThat wasn't enough to satisfy some consumers and government officials, though. Related: Smoking iPhone battery forces Apple store evacuation"At more than €1,200 ($1,400) per phone, these practices are unacceptable and cannot go unpunished. It is our mission to defend consumers and the environment," said Laetitia Vasseur, co-founder of the consumer group.

Source: CNN January 12, 2018 12:22 UTC