A. Devices lose battery life per charge over time, eventually powering off randomly because not enough power can be supplied to run the hardware.
B. Devices throttle their CPU over time to keep battery life per charge relatively stable, and avoid powering off.
Apple chose B.
I also don't understand the people who are so upset that Apple didn't say anything - any hardware/software company will make thousands of little tradeoffs like this during R&D, they can't be expected to publicly announce every time they make a decision during development.