Apple Agrees to Pay Up to $500 Million to Settle iPhone Slowdown Lawsuit

Bře 02

Apple has agreed to pay up to $500 million to settle a lawsuit over its secret slowdown of iPhones with degraded batteries, reports Reuters.
The proposed settlement was disclosed on Friday night and requires approval by U.S. District Judge Edward Davila in San Jose, California.
Under terms of the settlement, Apple would pay consumers around $25 per iPhone depending on how many iPhones are eligible. The minimum total payout would be $310 million.

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