"Justice Done: Examining Apple's $500 Million Settlement for Slow iPhones and What It Means"
Apple consents to a historic settlement for purposefully reducing the battery life of older iPhones through software updates.
Apple has agreed to pay up to $500 million in compensation for slowing down iPhones in order to deal with the fallout from charges.
By agreeing to the "largest-all cash recovery" for the roughly 100 million iPhone owners experiencing slowness concerns, Apple settles a lawsuit.
Users of iPhones can receive up to $500 million in compensation from Apple for performance drops brought on by software in older models.
After litigation over sluggish iPhones, Apple settles by giving impacted customers $310 to $500 million in compensation.
Apple agrees to pay the impacted users between $310 million and $500 million as part of the settlement of the iPhone slowing lawsuit.
Apple will settle a significant lawsuit by paying $310 million to $500 million to customers of specific iPhone models who experienced software-related slowdowns.
Due to complaints about delay, Apple pays reimbursements to iPhone consumers ranging from $310 million to $500 million.
Closing a significant legal chapter, Apple will pay affected users $310 million to $500 million in restitution for purposefully slowing down outdated iPhones.