Apple reportedly agrees to $500 million settlement for slowing old iPhones

Apple might soon owe you some money. The company has reportedly agreed to pay up to $500 million settling a lawsuit after facing accusations of intentionally slowing down older iPhones to get customers to buy new devices or batteries, Reuters reports. The settlement will need to be approved by a judge, but it would involve Apple paying $25 per iPhone, and a minimum of $310 million. Apple has acknowledged it slowed down older iPhone models, saying this was to prevent the devices from unexpectedly