Apple Consents To Pay $500 Million To Settle A US Lawsuit

Apple has agreed to pay up to $500 million to settle a US lawsuit over the iPhone battery performance throttling debacle of 2018. The tech giant denied wrongdoing but said it settled to avoid lengthy court proceedings.
The company agreed to a preliminary ruling on Friday. The monetary suit is equivalent to $25 per impacted iPhone. Reported Reuters. 
The lawsuit had alleged Apple of such policy changes in iOS 10.2.1 operating system that led customers to believe that their phones were at the end of their life, requiring purchases of new batteries or new phones altogether. The suit covers US owners of the iPhone 6, iPhone 6 Plus, iPhone 6S, iPhone 6S Plus, iPhone 7, iPhone 7 Plus, or iPhone SE who were running the iOS 10.2.1 operating system.
Well, Apple had rolled out the performance throttling as a new feature to prevent unexpected shutdowns, as it transpired that iPhone batteries could not maintain peak performance as they aged. The company had rolled this out as part of iOS 10.2.1 in Feb of 2017, without appropriately communicating the change to customers.
Interestingly, In Italy, the company was actually forced to add a message on the official website in addition to paying for a fine, apologizing for poor communication of the rollout of the performance management systems.
The process of throttling mechanisms became a scandal as customers learned on their own about what iOS was doing to their phone. After these findings, Apple had to officially apologize, in December 2017, and promised changes. The company also cut battery replacement price to $29 across 2018.
Apple began a new Battery settings screens in iOS which would show the current health of the battery inside the iPhone, and offered a toggle to disable the throttling.
Advocates for the consumers have characterized the current US lawsuit settlement as "fair, reasonable, and adequate."