iPhone owners will no doubt remember the #BatteryGate controversy where Apple was “caught” slowing down iPhones that had batteries that had degraded to the point of being unable to sustain the power requirements of said iPhone. This was done via a software update that didn’t adequately disclose this behavior. And when it did come to light, class action lawsuits were filed very quickly in a whole lot of places. Reuters is now reporting that Apple may cut a cheque as big as $500 million USD to make all of this go away:
The preliminary proposed class-action settlement was disclosed on Friday night and requires approval by U.S. District Judge Edward Davila in San Jose, California.
It calls for Apple to pay consumers $25 per iPhone, which may be adjusted up or down depending on how many iPhones are eligible, with a minimum total payout of $310 million.
Apple denied wrongdoing and settled the nationwide case to avoid the burdens and costs of litigation, court papers show.
The Cupertino, California-based company did not immediately respond on Monday to requests for comment.
If this does get the green light, it will cover owners of the iPhone 6, 6 Plus, 6s, 6s Plus, 7, 7Plus or SE that ran iOS 10.2.1 or later. It also covers U.S. owners of the iPhone 7 and 7 Plus that ran iOS 11.2 or later before Dec. 21, 2017. I expect that this will be copied and pasted into other places where Apple is facing lawsuits. Like Canada for example where I am aware of two such lawsuits.
In the grand scheme of things, $500 million USD is a trivial amount of cash for a company who in their most recent quarter had revenues of a billion dollars US a day. That way they can move on to other issues like COVID-19, or #KeyboardGate for example.
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#BatteryGate May Be Coming To An End For Apple
iPhone owners will no doubt remember the #BatteryGate controversy where Apple was “caught” slowing down iPhones that had batteries that had degraded to the point of being unable to sustain the power requirements of said iPhone. This was done via a software update that didn’t adequately disclose this behavior. And when it did come to light, class action lawsuits were filed very quickly in a whole lot of places. Reuters is now reporting that Apple may cut a cheque as big as $500 million USD to make all of this go away:
The preliminary proposed class-action settlement was disclosed on Friday night and requires approval by U.S. District Judge Edward Davila in San Jose, California.
It calls for Apple to pay consumers $25 per iPhone, which may be adjusted up or down depending on how many iPhones are eligible, with a minimum total payout of $310 million.
Apple denied wrongdoing and settled the nationwide case to avoid the burdens and costs of litigation, court papers show.
The Cupertino, California-based company did not immediately respond on Monday to requests for comment.
If this does get the green light, it will cover owners of the iPhone 6, 6 Plus, 6s, 6s Plus, 7, 7Plus or SE that ran iOS 10.2.1 or later. It also covers U.S. owners of the iPhone 7 and 7 Plus that ran iOS 11.2 or later before Dec. 21, 2017. I expect that this will be copied and pasted into other places where Apple is facing lawsuits. Like Canada for example where I am aware of two such lawsuits.
In the grand scheme of things, $500 million USD is a trivial amount of cash for a company who in their most recent quarter had revenues of a billion dollars US a day. That way they can move on to other issues like COVID-19, or #KeyboardGate for example.
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This entry was posted on March 2, 2020 at 11:42 am and is filed under Commentary with tags Apple. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.