It's a pretty tiny fine (0.04% of Apple's yearly revenue) for a pretty major offense: quietly slowing down old phones without telling customers that they could

It's a pretty tiny fine (0.04% of Apple's yearly revenue) for a pretty major offense: quietly slowing down old phones without telling customers that they could replace the battery to make it fast again. We can have a conversation as to whether this rises to the level of planned obsolescence, but this was absolutely not the correct way for Apple to handle this.