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Enlarge / An iPhone 6. (credit: Getty Images | Chesnot )
US-based iPhone users are finally getting long-awaited payments to compensate them for Apple's decision to throttle the performance of iPhones with degraded batteries.
Apple agreed to settle with iPhone users in March 2020, but class-action lawsuits and settlements often take years to be resolved and paid out. This case took a few years because the settlement's court approval was temporarily vacated on appeal but later reinstated.
The settlement was for a minimum of $310 million and a maximum of $500 million, including attorney's fees of $80.6 million and the costs of distributing the settlement fund. Apple agreed to provide $25 payments to affected users for each eligible iPhone, though that amount could have increased or decreased based on the number of approved claims.
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