Apple will pay $113 million to settle the latest case alleging the the trend-setting company duped consumers by deliberately slowing down older iPhones to help extend the life of their batteries.
Apple will pay USD 113 million to settle the latest case alleging the the trend-setting company duped consumers by deliberately slowing down older iPhones to help extend the life of their batteries.
The payment announced
Wednesday in Arizona resolves a case brought by more than 30 states for Apple
acknowledged a software update released in 2017 bogged down the performance of
older iPhones.
It follows a previous settlement requiring Apple to pay up to USD 500 million
to settle a class-action lawsuit brought in California.
Apple defended its actions
as a way to prevent unintended shutdowns of the older iPhones as their
batteries deteriorated but critics contended the company did it to help spur
more consumers to upgrade to newer models.
The Cupertino, California,
company apologized for slowing down the iPhones and agreed to replace batteries
at a steeply discounted price. Apple, though, has never acknowledged any
wrongdoing.
The settlement with the
states adds to Apple's
bill, which it can easily afford to pay. The company generates $275 billion
annual revenue and boasts a market value of USD 2 trillion.
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