Apple will pay $113 million to settle the latest case alleging the the trend-setting company duped consumers by deliberately slowing down older iPhones to help extend the life of their batteries.
The payment announced Wednesday in Arizona resolves a case brought by more than 30 states for Apple acknowledged a software update released in 2017 bogged down the performance of older iPhones. It follows a previous settlement requiring Apple to pay up to $500 million to settle a class-action lawsuit brought in California.
Apple defended its actions as a way to prevent unintended shutdowns of the older iPhones as their batteries deteriorated but critics contended the company did it to help spur more consumers to upgrade to newer models.
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The Cupertino, California, company apologized for slowing down the iPhones and agreed to replace batteries at a steeply discounted price. Apple, though, has never acknowledged any wrongdoing.
The settlement with the states adds to Apple's bill, which it can easily afford to pay. The company generates $275 billion annual revenue and boasts a market value of $2 trillion.
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