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L4sBot @lemmy.world

2y ago

Apple to Finally Pay Out $500M Over iPhone Slowdown Lawsuit

Apple to Finally Pay Out $500M Over iPhone Slowdown Lawsuit

Apple to Finally Pay Out $500M Over iPhone Slowdown Lawsuit::If you were part of the settlement in 2020, you're about to get around $65.

7 comments

That’s peanuts to them
- I wonder how much they spent on lawyers and legal fees fighting it
  
  Just more peanuts. It's all part of the risk calculations.
That's just cost of doing business.
That's a hair over 0.5% of Apple's net earnings 2022. They would literally need to hit with this kind of penalty 200 times a year to actually feel it.
This won't change a goddamn thing.
$60/per person involved.
The only people who win are the lawyers. Apple doesn't make out too badly either.

7 comments