Apple will pay up to $500m to settle lawsuit over slowing down iPhones - Business Insider

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Apple will pay up to $500 million to end a lawsuit claiming it intentionally slowed down iPhones

Apple will pay as much as $500 million to settle a lawsuit claiming the company deliberately slowed down certain iPhones in order to encourage customers to buy new ones, as first reported byThe proposed settlement, which was disclosed on Friday, calls for Apple to pay $25 per iPhone and a minimum of $3 million, though it still needs to be approved by a judge in the US District Court for the Northern District of California.

In the class action lawsuit, customers had accused the company of misleading them by using software updates to cap the performance on iPhone 6, iPhone 7, and iPhone SE models without notifying them, causing them to assume their phones — rather than just their batteries — needed to be replaced. Apple denied any wrongdoing in the settlement, saying the updates were intended to prevent the devices from trying to draw too much power from aging batteries, potentially causing the devices to crash.

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25 smackers 🤑🤑🤑🤑🤑🤑🤑💰

Ok.. where do I send them my bank account and routing

Fine but bulk of that money should go to Iphone owners who suffered the unfair treatment from Apple 🤔

AppleNews Apple AppleSupport wow! Such greed!! We all should get a complete refund for the phones that were affected! disgusting apple iphones greed tim_cook refunds

And where does the money go then? Ffs

Just pay this year’s phone bills and we are good

They did

It's a shame. And then these CEOs go to universities to lecture students on 'inspirational leadership' and 'social responsibility of modern businesses'

Well they did intentionally slow their iPhones. Apple is unethical; it shouldn't be a surprise to anyone. Buy Samsung.

It really seems like they do though... my 6s can barely make it to 6 pm even on low power mode

They admit it. For shame. Imagine if they used that money for good instead of paying fines. Where will the money go?

Are the customers getting any of that money 😂

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