Apple's missed revenue targets have sent investors scrambling for explanations, and a few pointed fingers at Apple's 2017/2018 CPU throttling scandal. Apple started
a relatively affordable program to replace batteries in older iPhones for $29, and some analysts thought the program could put a dent in Apple's profits. That claim hinges on just how many batteries Apple replaced, and the Daring Fireball blog claims to have a concrete number. Citing an Apple executive meeting on January 3rd, the report claims that Apple replaced about 11 million iPhone batteries, which is far above previous estimates.