Apple (NASDAQ:AAPL)'s iPhone 15 models, released this year with a USB-C port enabling compatibility with USB-C cables and power banks, are reportedly experiencing charging issues with certain USB-C battery packs. The problem was first highlighted on Friday on Reddit and the MacRumors forums.
The charging issue seems to stem from the iPhone's reverse charging feature, which allows the device to charge an Apple Watch, AirPods, or another iPhone through its USB-C port. This feature is possibly causing some existing USB-C power banks to be incompatible with the iPhone 15 models. In some instances, the iPhone fails to charge or ends up charging the power bank instead.
The issue impacts a range of power banks, making it challenging to compile a comprehensive list of non-functional models due to the vast number of them in the market. It has been confirmed that one version that does not work is the Anker PowerCore Slim 10K PD.
A customer who contacted Anker was informed that the only way to get the power bank to charge the iPhone is to use the USB-A port. Anker's statement suggested that the reverse charging function of the iPhone 15 series influences the USB C's port charging of their PowerCore Slim 10K PD model. The company has pledged to conduct further tests on all their power banks to determine if this is an issue with specific models and seek a solution.
Despite these concerns, most USB-C power banks with Power Delivery seem to be functioning as expected. Several models tested by MacRumors confirmed this. iPhone 15 owners should be aware of potential incompatibility issues with some power banks.
While this issue is being addressed, it's important to note that Apple, with a market capitalization of $2670.0 billion as provided by InvestingPro data, continues to be a significant player in the Technology Hardware, Storage & Peripherals industry. The company's performance has been impressive, yielding high returns on invested capital and a high return on assets of 28.23%, as per InvestingPro Tips. This strong performance has allowed Apple to maintain dividend payments for 12 consecutive years, with a growth rate of 4.35% as per InvestingPro's real-time metrics.
Despite a slight decline in revenue growth of -0.93%, Apple's revenue for the last twelve months (LTM2023.Q3) stood at a staggering $383.93 billion. The company also operates with a moderate level of debt, ensuring that cash flows can sufficiently cover interest payments.
For more detailed insights and tips about Apple's performance and investment potential, check out InvestingPro. They offer an extensive list of 17 additional tips, providing a comprehensive analysis of the company's financials and market standing.
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