Apple iPhone

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Apple iPhone Steve Jobs

Business & Lifestyle

Apple’s first iPhone turns 15 years old

CUPERTINO, Calif. (UPI) -- Sunday marks 15 years since the late Steve Jobs unveiled Apple's first iPhone, spurring a revolution in cellphone technology. On Jan. 9, 2007, Jobs introduced the cutting edge smartphone as "an iPod, a phone and internet communicator" during a keynote presentation in Las Vegas. "iPhone is a revolutionary and magical product that is literally five years ahead of any other mobile phone," he said. The original phone launched at a base price of $499 for 4 GB […]

todayJanuary 9, 2022 11

Business & Lifestyle

Apple agrees to settle iPhone throttling lawsuit for $113 million

CUPERTINO, Calif. (UPI) -- Apple on Wednesday agreed to pay $113 million to settle a lawsuit brought by 33 states and Washington, D.C., accusing the company of intentionally slowing down speeds on older iPhones in order to increase sales of newer models. A judge must still approve the agreement, which is separate from a class-action lawsuit in which Apple agreed to pay $500 million to iPhone owners in March. As part of Wednesday's proposed settlement, Apple admits no wrongdoing. The […]

todayNovember 19, 2020 3

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