Apple will pay USD 113 million to settle the latest case alleging the the trend-setting company duped consumers by deliberately slowing down older iPhones to help extend the life of their batteries.
The payment announced Wednesday in Arizona resolves a case brought by more than 30 states for Apple acknowledged a software update released in 2017 bogged down the performance of older iPhones. It follows a previous settlement requiring Apple to pay up to USD 500 million to settle a class-action lawsuit brought in California.
Apple defended its actions as a way to prevent unintended shutdowns of the older iPhones as their batteries deteriorated but critics contended the company did it to help spur more consumers to upgrade to newer models.
The Cupertino, California, company apologized for slowing down the iPhones and agreed to replace batteries at a steeply discounted price. Apple, though, has never acknowledged any wrongdoing.
The settlement with the states adds to Apple's bill, which it can easily afford to pay. The company generates $275 billion annual revenue and boasts a market value of USD 2 trillion.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
)