Apple to compensate iPhone users $250 million for failing to provide promised AI Siri features
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1 hour ago
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Source: Theverge
Settlement Agreement: Apple has agreed to pay $250 million to settle a class action lawsuit accusing it of misleading customers about the availability of its Apple Intelligence features.
Eligibility for Claims: The settlement applies to U.S. customers who purchased any models of the iPhone 16 and iPhone 15 Pro between June 10, 2024, and March 29, 2025, allowing them to submit qualifying claims.
Compensation Details: Individuals who submit qualifying claims can receive $25 for each eligible device, with potential adjustments based on claim volume and other factors.
Resolution of Legal Issues: This settlement will resolve a 2025 lawsuit related to the allegations made against Apple regarding its marketing practices.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
