Apple late last week agreed to settle a class-action lawsuit accusing it of slowing down iPhones without the knowledge or consent of users, motivating them to upgrade their devices or batteries. The settlement amount is marked at USD $500 million or $25 per member of the class (which could be adjusted depending on how many iPhones from the class are found eligible). The lawsuit is being heard by U.S. District Judge Edward Davila in San Jose, California, and its settlement offer by Apple is subject to his approval.

In the settlement offer papers by Apple, the company reportedly denies wrongdoing, and seeks to avoid the burdens and costs of litigation. Eligible members of the class are U.S. owners of the iPhone 6, 6 Plus, 6s, 6s Plus, 7, 7 Plus or SE that ran the iOS 10.2.1 or later operating system. It also covers U.S. owners of the iPhone 7 and 7 Plus that ran iOS 11.2 or later before Dec. 21, 2017. Initial outcry after discovery of Apple's secret CPU throttling cause the company to apologize for the practice, promise transparency in the future, and introduce the "Battery Health" feature in iOS that informs users of the decay of their device's lithium ion battery (ability to hold charge), and give performance throttling control to end-users.