Apple settles iPhone slowdown case for $500 million

Posted on Tuesday, March 03 2020 @ 13:53 CET by Thomas De Maesschalck
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Remember the news from a couple of years ago, about Apple software updates stunting the performance of older iPhone models? Reuters reports Apple has settled a class action lawsuit over this matter for $500 million. The Cupertino-based firm denies any wrongdoing but will pay customers about $25 per phone:
The preliminary proposed class-action settlement was disclosed on Friday night and requires approval by U.S. District Judge Edward Davila in San Jose, California.

It calls for Apple to pay consumers $25 per iPhone, which may be adjusted up or down depending on how many iPhones are eligible, with a minimum total payout of $310 million.

Apple denied wrongdoing and settled the nationwide case to avoid the burdens and costs of litigation, court papers show.
The settlement covers various older iPhone models bought by US-based citizens. It covers the iPhone 6, 6 Plus, 6s, 6s Plus, 7, 7Plus or SE that ran the iOS 10.2.1 or later operating system. It also includes U.S. owners of the iPhone 7 and 7 Plus that ran iOS 11.2 or later before Dec. 21, 2017.

About the Author

Thomas De Maesschalck

Thomas has been messing with computer since early childhood and firmly believes the Internet is the best thing since sliced bread. Enjoys playing with new tech, is fascinated by science, and passionate about financial markets. When not behind a computer, he can be found with running shoes on or lifting heavy weights in the weight room.

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