Apple Might Owe You Money in a $500 Million Settlement

Apple settled a class action lawsuit earlier this year after being accused of throttling batteries on older iPhones, and now you might be entitled to a chunk of the settlement. Albeit, a very, very small chunk.

The company will provide a cash payout of around $25 to iPhone owners who are eligible and submit a claim, depending on the total number of approved claims. The total payout will be between $310 million and $500 million.

The settlement is open to any U.S. resident who owns or previously owned an iPhone 6, iPhone 6 Plus, iPhone 6s, iPhone 6s Plus, and/or iPhone SE that ran iOS 10.2.1 or later before December 21, 2017. Same goes for iPhone 7 or iPhone 7 Plus that ran iOS 11.2 or later before December 21, 2017.

You'll need your iPhone's serial number to submit a claim. If you no longer have the iPhone, the site directs you to "check the barcode on your device's original packaging or refer to the original receipt or invoice." Although, it's doubtful many people will have the original packaging or receipt from a phone from several years ago. But if you purchased it online, you might be able to find the serial number on the invoice you received.

To submit a claim, click here.