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Apple released a new update to iOS 8 called iOS 8.0.2

Apple released a new update to iOS 8 called iOS 8.0.2, after leaving users without cell service or Touch ID functionality on their iPhones following the release of its troubled iOS 8.0.1 update yesterday.

According to the Apple, iOS 8.0.2 is already in the works with a fix and will be ready "in the next few days."

Apple said that the new update fixes the issue in the iOS 8.0.1 update that impacted cellular network connectivity and Touch ID on the iPhone 6 and iPhone 6 Plus.It includes an apology for what happened with iOS 8.0.1:
“iOS 8.0.2 is now available for users, it fixes an issue that affected iPhone 6 and iPhone 6 Plus users who downloaded iOS 8.0.1, and includes improvements and bug fixes originally in iOS 8.0.1. We apologize for inconveniencing the iPhone 6 and iPhone 6 Plus users who were impacted by the bug in iOS 8.0.1.”
Apple warned users to not install the update, and even posted a downgrading guide, but the damage was done. Apple outlines a step-by-step process of reverting non-functioning iPhone 6 and 6 Plus handsets back to iOS 8.0.

Follow these steps to reinstall iOS 8.0.

  1. Make sure that you're using the latest version of iTunes.
  2. Connect your iPhone to iTunes.
  3. Back up your iPhone in iTunes on your Mac or PC. iCloud backups won't restore to earlier versions, including iOS 8.0.
  4. Download the file below that corresponds to your device:
    • iPhone 6
    • iPhone 6 Plus
  5. Select the file you just downloaded by doing one of these in iTunes:
    • Mac: Press the Option key and click Check for Update.
    • Windows: Press the Shift key and click Check for Update.
  6. Press Update to install iOS 8 on your iPhone.
Once reinstallation is complete, an affected user should once again be able to make calls and effectively operate Touch ID. The update also broke Touch ID fingerprint recognition.

Apple notes that the same issue preventing the Health app from functioning will return with the downgrade.

Source: Support Apple via Mac Rumors