Apple to pay up to $500 million to settle U.S. lawsuit over slow iPhones – Reuters

Apple Inc (AAPL.O) has agreed to pay up to $500 million to settle litigation accusing it of quietly slowing down older iPhones as it launched new models, to induce owners to buy replacement phones or batteries.

Source: Apple to pay up to $500 million to settle U.S. lawsuit over slow iPhones – Reuters

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