> Apple is reducing the price of an out-of-warranty iPhone battery replacement by $50 — from $79 to $29... > Early in 2018, we will issue an iOS software update with new features that give users more visibility into the health of their iPhone’s battery, so they can see for themselves if its condition is affecting performance. There we go. It took too much trouble and too long for it to happen, but Apple is stepping u…
The physical battery costs Apple about $5 to make (https://technology.ihs.com/api/binary/595761), and probably no more than $5-$10 to ship and install. They're profiting off of their own screw-up and spinning it as a kindness.