Following a US case dating back to 2017 which led to Apple admitting that it has deliberately slowed down some older models of iPhones (throttling), a settlement for compensation payments to affected iPhone owners has been reached.
After agreeing in 2020 to pay, this settlement of the lawsuit means that each of the 5.5 million complainants will receive £72 from Apple’s agreed £394m ($500m) total payout pot.
Unfortunately for Apple, it is still facing another class action lawsuit led by market researcher Justin Gutmann on behalf of 24 million British iPhone users over a similar throttling issue following an update. If it loses, Apple could face an £853 million ($1.03 billion) payout.