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Apple will pay up to $500 million settlement to old iPhones customers

Apple will pay up to half a billion dollars to settle a class action lawsuit accusing it of slowing down older iPhone models to force users to buy new ones.

That means Apple will pay the owners of certain iPhone models $25 per affected device, totaling a minimum of $310 million and a maximum of $500 million. The settlement agreement is subject to approval by a judge on April 3. The company admitted in December 2017 that it used software updates to slow down older iPhones. The company said it was aimed at addressing issues with older lithium-ion batteries that would make the phones suddenly shut down to protect their components. Later the company apologized and offered battery replacements to its customers (they had to be paid).

iPhones

iPhone users in the United States can file settlement claims if they owned an iPhone 6, 6 Plus, 6S, 6S Plus, 7, 7 Plus or SE device bought before December 21, 2017. The preliminary proposed class-action settlement was disclosed on Friday night. Apple denied wrongdoing and settled the nationwide case to avoid the burdens and costs of litigation, court papers show. Lawyers for the consumers described the settlement as “fair, reasonable, and adequate.” Apple also lowered the price for replacement batteries to $29 from $79.

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