Apple to pay $500 million for intentionally slowing down old iPhones models.
The lawsuit accused the tech giant of intentionally slowing down older iPhone models. Apple has agreed to pay up to $500m to settle a lawsuit accusing the tech giant of intentionally slowing down older iPhone models. Phone owners could get up to $25 per handset if a California judge approves the settlement. The smartphone maker…
The lawsuit accused the tech giant of intentionally slowing down older iPhone models.
Apple has agreed to pay up to $500m to settle a lawsuit accusing the tech giant of intentionally slowing down older iPhone models.
Phone owners could get up to $25 per handset if a California judge approves the settlement.
However, as part of the settlement, it has agreed it will pay between $310m and $500m, including a sum of about $93m to lawyers representing iPhone customers.
Consumers who were named in the lawsuit will get up to $3,500 each and the rest will be distributed to iPhone 6, 6S, 7 and SE owners, given they meet the eligibility requirements related to the operating system they had running.
They must also file claims in order to receive the money – but if too many people file claims the $25 award could see a reduction.
