Apple is distributing payments to individuals who own an iPhone affected by the "batterygate" issue. Here is an overview of what they will receive.

Apple is distributing payments to individuals who own an iPhone affected by the “batterygate” issue. Here is an overview of what they will receive.

Benjamin Hughes

Apple has agreed to make payments to a large number of iPhone users whose older devices experienced slowing due to software updates, as part of a legal resolution surrounding the controversy known as “batterygate.”

According to a statement released on Monday by lawyers representing Apple customers, the payments being received into consumers’ bank accounts are of a higher amount than initially anticipated. Here is some information on the payments.

What amount of compensation will I receive from the Apple iPhone settlement?

Cotchett, Pitre & McCarthy, a law firm representing Apple customers, has announced that Apple will be paying between $310 million to $500 million to resolve a lawsuit concerning battery problems with older iPhone models. According to Mark C. Molumphy, a partner at the firm, this amounts to an average of $92.17 per affected individual.

In 2017, Apple settled a claim with Verge. The website for the claim states that this is not an admission of wrongdoing by Apple.

What is the number of individuals eligible for the payments?

received money

Approximately 100 million individuals were potentially entitled to receive funds through the Apple agreement, yet only around 3.3 million iPhone users actually received compensation.submitted

According to legal documents, notifications and comments received before the deadline will be considered.

The compensation was offered to individuals who owned an iPhone 6, 6 Plus, 6s, 6s Plus, or SE with iOS 10.2.1 or higher, as well as iPhone 7 and 7 Plus with iOS 11.2 or higher before December 21, 2017 according to the website for the settlement.

What would happen if I didn’t file a claim?

I’m sorry, but if you didn’t file a claim before the October 6, 2020 deadline, you are not qualified to receive a check.

How can I confirm that the payment is from Apple?

People who have received payments have reported on social media that the settlement funds will appear in their bank accounts as a direct deposit labeled “IN RE APPLE INC.”

Aimee Picchi

Aimee Picchi holds the position of associate managing editor at CBS MoneyWatch, where she focuses on reporting on topics related to business and personal finance. Prior to this, she was employed at Bloomberg News and has contributed to publications such as USA Today and Consumer Reports.

Source: cbsnews.com