Tech Apple agrees to pay up to $500 million in settlement over slowed-down iPhones: What to know August 16, 2023 Emily DeLetter, USA TODAY Comments Off on Apple agrees to pay up to $500 million in settlement over slowed-down iPhones: What to know Apple has agreed to pay a minimum of $310 million and up to $500 million in compensation for slowing down old iPhones, depending on the claims filed.