Did Apple throttle your iPhone? Settlement will give you a whopping $25

Enlarge / An iPhone 6. (credit: Getty Images | NurPhoto)

iPhone users are slated to get $25 each from an up-to-$500 million settlement of a class-action lawsuit over Apple's decision to throttle the performance of iPhones with degraded batteries.

"For a release of their claims, Settlement Class Members will receive $25 for each iPhone owned," the proposed settlement filed on Friday said. That amount could "increase or decrease depending on the amount of any Attorneys' Fees and Expenses, Named Plaintiff Service Awards, notice expenses, and the aggregate value of Approved Claims."

People eligible for the payments are US residents who used affected versions of iOS before December 21, 2017, on the iPhone 6, 6 Plus, 6S, 6S Plus, 7, 7 Plus, or SE.

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