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BJ and Jamie - Apple Pays Up For Slowing Phones 3/4 (Audio)

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Getty images Farknot_Architect Creative #: 1135248169

IPhone owners could get $25 from Apple after the company agreed to pay up to $500 million to settle claims over intentionally slowing down older phones to preserve older batteries. User had been making the claim for years that Apple was intentionally slowing down their phones to get them to buy newer phones. Apple did not admit wrongdoing. As part of the settlement, the company will pay $310 million to $500 million, including about $93 million to lawyers representing consumers. Do you think they knew what they were doing or was this just an unforseen side effect of their updates?