We know that there is a weaker-than-usual demand for iPhones, but apparently the reason behind it is cheap iPhone battery replacements.
A revenue loss of $9 billion is what Apple is expecting in the short term, as we’ve heard yesterday. It is not a rumor, report, or hear-say, it is information from a letter written by Apple CEO Tim Cook. There were plenty of reasons mentioned, from exchange rate to the US-China trade war, but the main reason, as we’ve heard repeatedly over the past weeks and months, is weak iPhone demand.
