Apple tells U.S. government it isn't slowing old iPhones to get people to buy new ones

Apple has confirmed the U.S. Department of Justice and the Securities and Exchange Commission are investigating the company after it was discovered Apple slowed down (a.k.a "throttled") older iPhones.

The tech giant, however, has denied any malicious intent, and reiterated that "we have never — and would never — do anything to intentionally shorten the life of any Apple product, or degrade the user experience to drive customer upgrades."

SEE ALSO: Why it makes sense for Apple to drop 3D Touch from this year's new iPhone

As it's being investigated by the U.S. government, Apple gave the following response to CNBC: Read more...

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