Apple will pay $500 million to settle cases claiming it throttled aging iPhones

Apple has agreed to pay an amount of $500 million to settle multiple class-action lawsuits for slowing down older iPhones. According to Reuters, the Cupertino-based firm will roughly pay $25 per eligible iPhone, with a minimum fine of $310. You can file a claim and expect to get some amount from Apple. The claim cover will any US-based owner of iPhone 6, 6 Plus, 6s, 6s Plus, 7, 7Plus or SE that ran iOS 10.2.1 or above; it’ll also cover owners of the iPhone 7 and 7 Plus with iOS 11.2 before December 21, 2017. The final amount of penalty will…

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