SAN FRANCISCO — iPhone owners could get $25 from Apple after the company agreed to pay up to $500 million to settle claims over intentionally slowing down older phones to preserve older batteries.
Apple and lawyers representing iPhone consumers agreed to a deal stemming from Apple’s 2017 admission that it was slowing down phone performance in older models to avoid unexpected shutdowns related to battery fatigue.
Apple did not admit wrongdoing. As part of the settlement, the company will pay $310 million to $500 million, including about $93 million to lawyers representing consumers.
IPhone users who were named in the class-action lawsuit will get up to $3,500 each. The rest of the settlement money will be distributed to owners of iPhone 6, 6S, 7 and SE models who meet eligibility requirements related to the operating system they had running. They must file claims to get the award. If too many people file, the $25 amount could shrink.
A federal judge in San Jose, California, still needs to approve the settlement.