A class action settlement of $92.17 may be available to you in January 2024, if you are or were the owner of an iPhone 6, 6 Plus, 6s, 6s Plus, or an iPhone 7 or 7 Plus device and SE device in the United States that operated on iOS 10.2.1, 11.2 or later prior to December 21, 2017.
Apple Settlement Payout
In accordance with the proposed settlement, Apple will pay up to $500,000,000 in total, contingent on the quantity of claims filed, with a non-reversionary minimum payment of $310,000,000.
If you are or were the owner of an iPhone 6, 6 Plus, 6s, 6s Plus, 7, 7 Plus, and/or SE device in the United States, and if the device(s) ran iOS 10.2.1 or later , and if the device(s) experienced diminished performance, you may be eligible for settlement benefits of 92.17$ per person payout.
The $92.17 payments are being sent to those who submitted legitimate claims automatically, either by check or electronic transfer, depending on the method they selected. Candidates can receive their claims in their provided bank information.
The payout might be substantially larger for users who had multiple eligible iPhones or endured protracted throttling. Payouts exceeding $500 and, in rare instances, nearly $1,000 have been reported by some users.
Apple Settlement Lawsuit Payout Date
Apple has started paying out $92.17 to iPhone owners impacted by the performance throttling issue and meet the eligibility criteria. The 2017 lawsuit about iPhone performance slowdowns due to battery degradation was settled.
The payout has been started from 6 January 2024 and all the eligible or approved candidates will receive their payouts till the end of January 2024. ALl the candidates now have no need to worry about the settlement payout because it’s going to be paid till 31st January 2024.
Apple Settlement Payout Amount
The settlement was approved after lawyers sent over 90 million emails and postcards, but only 2.3 million people submitted eligible claims. After the objectors withdrew their appeal last Tuesday, the $310 million payout was finalised.
This includes more than $80 million in legal fees, approximately $1 million in unpaid legal expenses, and a maximum of $12.75 million in costs related to “settlement notice and administration.”
A sizable sum of money, up to $92.17 per named plaintiff, will also be awarded. The other participants in the class action will split the remaining amount.
Who is Eligible for Apple Settlement Payout?
You don’t need to worry about payment if you’ve submitted your claims for the Apple settlement; you’ll have the money in your pocket in a few days.
Owners of certain iPhone models may be eligible for compensation if they own an iPhone 6, 6 Plus, 6S, 6S Plus, and SE running iOS 10.2.1 or later, as well as an iPhone 7 and 7 Plus running iOS 11.2 or later prior to December 21, 2017.
Payments, however, might only be made to users who submitted claims prior to the deadline of October 6, 2020.
What is Apple Lawsuit About?
In 2017, after users reported experiencing unannounced shutdowns in 2015 and 2016, Apple was charged with purposefully reducing the speed of these iPhone models.
Even when the phones had more than 30% of their battery remaining, the incompatibility between the hardware and the increasing demands of constantly updating iOS the iPhone operating system caused the shutdowns to happen on their own.
After receiving these concerns, Apple released a software update that resolved the shutdown issue. However, according to a statement at the time, this update only reduced the speed of these iPhones in an attempt to “prevent the device from unexpectedly shutting down” in cold weather, when their batteries were low, or if they had aged.
Apple became involved in the lawsuits in 2017 after acknowledging that it purposefully reduced performance for some older iPhone models to avoid further shutdown problems. Apple has agreed to pay $310 million to settle a lawsuit involving iPhone users who filed claims for damages.