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

https://www.cnet.com/tech/mobile/apple-to-finally-pay-out-500m-over-iphone-slowdown-lawsuit/#ftag=CAD590a51e

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.

168 points · 7 comments · view on lemmy.world

7 Comments

Manuel@lemmy.world · 17 pts · 2y (3 replies)

That’s peanuts to them

tyrant@lemmy.world · 4 pts · 2y (2 replies)

I wonder how much they spent on lawyers and legal fees fighting it

Isoprenoid@programming.dev · 2 pts · 2y (1 reply)

Just more peanuts. It's all part of the risk calculations.

tyrant@lemmy.world · 3 pts · 2y

They must have an army of squirrels working there

redditReallySucks@lemmy.dbzer0.com · 9 pts · 2y

That's just cost of doing business.

RagingNerdoholic@lemmy.ca · 6 pts · 2y

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.

Hazdaz@lemmy.world · 5 pts · 2y

$60/per person involved.

The only people who win are the lawyers. Apple doesn't make out too badly either.