Apple reaches $113M settlement with 34 states over battery throttling - InvestingChannel

Apple reaches $113M settlement with 34 states over battery throttling

California Attorney General Xavier Becerra, alongside 33 other states and the district attorneys for the counties of Los Angeles, Alameda, Santa Clara, San Diego and Santa Cruz, announced a $113M settlement against Apple. The settlement resolves allegations that the company made misrepresentations about iPhone batteries and software updates that throttled processing performance in order to manage insufficient battery power in its phones, Becerra said in a statement. California will receive $24.6M of the total settlement, which also includes injunctive terms that will provide transparency to consumers and deter future misrepresentations regarding Apple’s battery capability. California’s complaint alleges that Apple equipped their iPhone 6 and 7 generation phones with batteries that were particularly susceptible to performance loss, which led to unexpected power-offs when those batteries could not provide sufficient voltage to support phone processing performance. In addition to paying $113M, Apple has agreed to injunctive terms, including maintaining an accessible webpage that provides information to consumers about how the company manages battery performance issues.