this post was submitted on 15 Aug 2023
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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.

top 7 comments
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[–] Manuel 17 points 2 years ago (1 children)
[–] tyrant 4 points 2 years ago (1 children)

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

[–] [email protected] 2 points 2 years ago (1 children)

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

[–] tyrant 3 points 2 years ago

They must have an army of squirrels working there

[–] [email protected] 9 points 2 years ago

That's just cost of doing business.

[–] [email protected] 6 points 2 years ago

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 5 points 2 years ago

$60/per person involved.

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