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US probing Apple on updates that slow older iPhones: sources

Justice Department and SEC are looking into whether firm violated securities laws

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While the slowdown has frustrated consumers, US investigators are concerned that Apple may have misled investors about the performance of older phones.

Washington 

THE US Department of Justice and the Securities and Exchange Commission (SEC) are investigating whether Apple violated securities laws concerning its disclosures about a software update that slowed older iPhone models, according to people familiar with the matter.

The

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