Tech giant Apple Inc has agreed to pay up to $500 million to settle litigation following a lawsuit accusing it of quietly slowing down older iPhones as it launched new models. This was done to make owners to buy replacement phones or batteries.
In 2017, the company admitted to introducing a feature, that affects the iPhone 6, 6S, 7 and SE, without the users’ consent to cope with ageing batteries.
According to Reuters, 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.
The settlement 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.
Court papers show that Apple denied wrongdoing and settled the nationwide case to avoid the burdens and costs of litigation.
Friday’s settlement covers U.S. owners of 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 covers U.S. owners of the iPhone 7 and 7 Plus that ran iOS 11.2 or later before Dec. 21, 2017.
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