Apple has just received preliminary approval to pay $ 500 million to settle a lawsuit over iPhone's performance degradation. District judge Edward J Davila said he wanted to extend the final approval period due to the current pandemic and extend it sometime in December.
During Friday's hearing, class advisors and Apple lawyers said the deal was fair considering the litigation was hotly contested from the start and considering that class members receive cash payments of at least $ 25. They also said Apple has email addresses for most class members, so they believe there will be a high loss rate. At the end of the hearing, the judge said he would sign the deal for the time being. He said, "Fair, reasonable, and reasonable."
This settlement would end more than a dozen lawsuits filed against Apple for deciding to slow iPhone performance on older models to "maintain battery health." Through this deal, Apple is paying $ 500 million to affected iPhone owners, which equates to $ 25 per iPhone. This lawsuit concerns iPhone SE, 6, 6 Plus, 6s, 6s Plus, 7 and 7 Plus, on which iOS 11.2.1 was running.