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 […]
