Apple will pay $500 million to settle cases claiming it throttled aging iPhones

Apple will pay $500 million to settle cases claiming it throttled aging iPhones 1

Apple has agreed to pay an amount of $500 million to settle multiple class-action lawsuits for slowing down older iPhones. According to Reuters, the Cupertino-based firm will roughly pay $25 per eligible iPhone, with a minimum fine of $310.

You can file a claim and expect to get some amount from Apple. The claim cover will any US-based owner of iPhone 6, 6 Plus, 6s, 6s Plus, 7, 7Plus or SE that ran iOS 10.2.1 or above; it’ll also cover owners of the iPhone 7 and 7 Plus with iOS 11.2 before December 21, 2017. The final amount of penalty will depend upon the number of people filing claims. 

[Read: Google’s second ‘Pixel drop’ adds better selfies, more emoji, and new gestures]

In 2017, the company admitted to throttling older iPhones with aging batteries to supposedly prevent unexpected shutdowns. Several angry customers filed lawsuits that year and the next year.

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To pacify customers, Apple agreed to replace batteries of select phones at a discounted price of $29. Plus, it also provided an iOS feature to turn off the performance slowdown. With its iOS 11 update, the iPhone-maker also added functionality to give you more detailed information about your device’s battery.

Last month, France slapped the company with a $27 million fine for the throttling controversy; Italy asked Apple to pay $11.4 million in 2018.

While $500 million wouldn’t bother a cash-rich company like Apple, the outcome shows the importance of being transparent with customers.

Apple will pay $500 million to settle cases claiming it throttled aging iPhones 2
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bitcoin
Bitcoin (BTC) $ 34,866.00
ethereum
Ethereum (ETH) $ 2,002.49
tether
Tether (USDT) $ 1.00
binance-coin
Binance Coin (BNB) $ 312.72
cardano
Cardano (ADA) $ 1.36
dogecoin
Dogecoin (DOGE) $ 0.258182
xrp
XRP (XRP) $ 0.676035
usd-coin
USD Coin (USDC) $ 1.00
polkadot
Polkadot (DOT) $ 16.33
binance-usd
Binance USD (BUSD) $ 1.00