• Home
  • News
  • Personal Finance
    • Savings
    • Banking
    • Mortgage
    • Retirement
    • Taxes
    • Wealth
  • Make Money
  • Budgeting
  • Burrow
  • Investing
  • Credit Cards
  • Loans

Subscribe to Updates

Get the latest finance news and updates directly to your inbox.

Top News

The Real Difference Between Bush’s Privatization Push And Trump’s Accounts

May 12, 2026

Apple May Owe You up to $95 If You Have an iPhone. Here Are 5 Things to Know Before You File

May 12, 2026

Average Retirement Savings By Age In 2026 And How To Catch Up

May 11, 2026
Facebook Twitter Instagram
Trending
  • The Real Difference Between Bush’s Privatization Push And Trump’s Accounts
  • Apple May Owe You up to $95 If You Have an iPhone. Here Are 5 Things to Know Before You File
  • Average Retirement Savings By Age In 2026 And How To Catch Up
  • Love Reading? 8 Ways Bookworms Can Make Money
  • From Bush’s Defeat To Trump’s Retirement Accounts
  • 3 Ways to Supplement Your Income While Living Abroad
  • The Longevity Risk Most Retirement Plans Ignore
  • How to Tailor Your Resume in 10 Steps and Double Your Interview Chances
Tuesday, May 12
Facebook Twitter Instagram
FintechoPro
Subscribe For Alerts
  • Home
  • News
  • Personal Finance
    • Savings
    • Banking
    • Mortgage
    • Retirement
    • Taxes
    • Wealth
  • Make Money
  • Budgeting
  • Burrow
  • Investing
  • Credit Cards
  • Loans
FintechoPro
Home » Apple May Owe You up to $95 If You Have an iPhone. Here Are 5 Things to Know Before You File
Make Money

Apple May Owe You up to $95 If You Have an iPhone. Here Are 5 Things to Know Before You File

News RoomBy News RoomMay 12, 20260 Views0
Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Email Tumblr Telegram

Apple just got caught making promises it couldn’t keep, and now it’s writing a $250 million check. If you bought the right iPhone in the right window, some of that money has your name on it.

The tech giant has agreed to settle a class-action lawsuit accusing it of false advertising. The plaintiffs say Apple sold the iPhone 16 by hyping artificial intelligence features that didn’t actually work when the phones shipped.

Eligible buyers can pocket between $25 and $95 per device. Here’s what you need to know — and what to do right now so you don’t get left out.

1. What Apple’s accused of

Remember the slick ads in late 2024 promising a smarter, more personal Siri? The lawsuit says Apple sold the iPhone 16 based on AI features that weren’t ready — and in some cases, still aren’t.

Plaintiffs argued Apple sold millions of phones built around AI features that allegedly didn’t exist at launch and may not arrive for years. Apple denies wrongdoing but agreed to settle anyway, saying it wants to stay focused on shipping products.

That’s how it usually works. Pay the fine, deny the crime.

2. Which iPhones qualify

The settlement covers seven specific models. If you bought any of these in the U.S., you may be eligible:

  • iPhone 16
  • iPhone 16e
  • iPhone 16 Plus
  • iPhone 16 Pro
  • iPhone 16 Pro Max
  • iPhone 15 Pro
  • iPhone 15 Pro Max

Notice what’s missing. The standard iPhone 15 and iPhone 15 Plus aren’t on the list. Neither are older models. Only Apple Intelligence-capable devices made the cut because that’s the AI feature Apple was hyping.

3. The purchase window matters

To qualify, you must have bought an eligible iPhone between June 10, 2024, and March 29, 2025.

Bought yours this year? Out. Bought it before the AI announcement in mid-2024? Also out. The window is narrow.

Per the Associated Press, the settlement covers roughly 37 million devices sold in the U.S. during that stretch. Dig out your receipt or pull up your Apple Account. You’ll need proof of purchase to file.

Quick aside — most internet financial advice comes from people who weren’t alive during the last recession. I’ve been writing about money for more than 40 years. Want rock-solid advice? Sign up for the free Money Talks Newsletter. Takes 10 seconds. No fluff. No spam.

4. How much money you can actually get

Each eligible iPhone is worth at least $25. Depending on how many people file claims, that number could climb as high as $95 per device.

And the more people who file, the smaller each slice gets. Fewer claimants, bigger checks. Lawyer fees and admin costs also come out of the $250 million pot before anyone sees a dime.

Translation? If you qualify, file. Don’t leave money on the table.

5. What to do right now

The settlement still needs court approval, with a hearing scheduled for June. Once approved, claim notices will go out within 45 days.

To file, you’ll need three things:

  • Proof of purchase (a serial number works)
  • Your Apple Account information
  • Your phone number

A settlement administrator website is on the way. Until it goes live, watch for official notices. Claim sites tend to pop up overnight whenever a big settlement hits the news, and most are outright scams designed to harvest your personal info. Wait for the real thing.

The bottom line

Class-action settlements rarely make anyone rich. But $25 to $95 for filling out an online form? That’s a fair hourly rate by anyone’s measure.

If you’re not sure these things are worth the bother, here’s an honest look at when class actions actually pay off and when they’re a waste of your afternoon.

Apple sold a future that hadn’t been built. They got caught, and now they’re paying. If you’re owed money, claim it.

Read the full article here

Featured
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Articles

Love Reading? 8 Ways Bookworms Can Make Money

Make Money May 11, 2026

3 Ways to Supplement Your Income While Living Abroad

Make Money May 10, 2026

How to Tailor Your Resume in 10 Steps and Double Your Interview Chances

Make Money May 9, 2026

Rent Your Stuff, Not Your House: 4 Things in Your Garage That Can Earn Passive Income

Make Money May 8, 2026

Questions You’ll Likely Hear in an Interview — and How to Answer Them

Make Money May 7, 2026

9 Stealthy Ways to Prepare for a Career Change After 50 (Without Tipping Off Your Boss)

Make Money May 6, 2026
Add A Comment

Leave A Reply Cancel Reply

Demo
Top News

Apple May Owe You up to $95 If You Have an iPhone. Here Are 5 Things to Know Before You File

May 12, 20260 Views

Average Retirement Savings By Age In 2026 And How To Catch Up

May 11, 20261 Views

Love Reading? 8 Ways Bookworms Can Make Money

May 11, 20262 Views

From Bush’s Defeat To Trump’s Retirement Accounts

May 10, 20262 Views
Don't Miss

3 Ways to Supplement Your Income While Living Abroad

By News RoomMay 10, 2026

Editor’s Note: This story originally appeared on Live and Invest Overseas. Often, people move abroad…

The Longevity Risk Most Retirement Plans Ignore

May 9, 2026

How to Tailor Your Resume in 10 Steps and Double Your Interview Chances

May 9, 2026

Stuck With Inherited Real Estate? How To Handle Siblings Who Won’t Sell

May 8, 2026
Facebook Twitter Instagram Pinterest Dribbble
  • Privacy Policy
  • Terms of use
  • Press Release
  • Advertise
  • Contact
© 2026 FintechoPro. All Rights Reserved.

Type above and press Enter to search. Press Esc to cancel.