Overview

• Apple admitted to slowing down iPhone performance on older models to prevent unexpected shutdowns.
• A class action lawsuit filed against Apple over the throttling resulted in a settlement of $310 - $500 million.
• The settlement received final approval in March 2022 after appeals were dismissed.
• Approved claimants who filed before October 2020 will receive around $65 each as compensation.
• The affected iPhone models include the iPhone 6 through 7 Plus and the iPhone SE.