If you bought an iPhone a few years ago, you can probably get $25 from Apple's lawsuit settlement.

I'm sure you're aware by now that your older iPhone models slow down after a few years. After denying it for a very long time, finally in 2017, Apple came clean and admitted yes, they intentionally slowed down the phones to hamstring you into an upgrade. Oh, they swore that it was not on purpose, but they sang a different tune when they lost a class-action lawsuit.

If you had an iPhone 6 or iPhone 7 a few years ago, you might be able to get a piece of a class-action lawsuit settlement from Apple Inc.

You can get about $25 by filing a claim online. Apple tried to say the slowed down phones was an attempt to try and improve battery life, not just to push you to an upgrade.

Wrong. They lost the case and wound up settling the class-action lawsuit for $500 million.

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That works out to roughly $25 for every iPhone they throttled. So you should go through your records to see if you or your family members owned any of the following before December of 2017: iPhone 6, 6 Plus, 6S Plus or SE that ran iOS 10.2.1 or later; or the iPhone 7 or 7 Plus that ran iOS 11.2 or later. As long as you have the serial number of the phone you can to SmartPhonePerfomranceSettlement.com and claim your piece of the payout.

October 6, 2020 is the deadline to get your claim in, December 4, 2020 is the iPhone fairness hearing in the "iPhone throttling" lawsuit.