The payout for the roughly 37 million devices is estimated to be around $25 per iPhone, but it could go up to $95 depending on how many people file claims, among other things. Customers who are eligible for the cash will be notified by email or mail, according to the settlement, and there isn’t a portal yet to use to file a claim.

Apple’s R&D spending has crossed 10% of revenue for the first time in at least 30 years, and increased twice as fast as sales in the latest quarter.

Apple has agreed to pay $250 million to settle a U.S. class action lawsuit over delayed Siri features, and eligible iPhone users could receive up to a $95 payout. According to the terms of the settlement,

The lawsuit framed Apple’s allegedly overblown marketing as a desperate response to its ‘innovation stagnation,’ combined with an AI ‘arms race.’

If someone pays you with Apple Cash or you have a balance that you'd like to move into your bank account, you can make that transfer in a few simple steps. First, open the Wallet app on your iPhone and choose your Apple Cash card. Tap for more options (the three dots on the upper right).

Apple stock was on track for its first record closing high since Dec. 2, 2025.

Apple is on the verge of completing an EGOT after earning 12 Tony nominations for Schmigadoon!, a stage adaptation of its original Apple TV Plus series.