(San Francisco)

The fallout from the revelation that Apple’s operating systems drain the batteries of older model phones appears to be hammering the company. The company admitted they deliberately slowed down the performance of older phones to keep them from crashing. The admission has led to widespread criticism and lawsuits are headed the company’s way. Apple has tried to mitigate the issue by cutting prices for replacement batteries and offering free software to check battery health.

FINSUM: We have this fear that this battery and performance scandal might be the beginning of the end of the golden age of Apple.