Apple set to pay another $113 million to settle claims regarding iPhone battery life
The Cupertino, California, company apologized for slowing down the iPhones and agreed to replace batteries at a steeply discounted price. Apple, though, has never acknowledged any wrongdoing.

Apple defended its actions as a way to prevent unintended shutdowns of the older iPhones as their batteries deteriorated but critics contended the company did it to help spur more consumers to upgrade to newer models.
The Cupertino, California, company apologized for slowing down the iPhones and agreed to replace batteries at a steeply discounted price. Apple, though, has never acknowledged any wrongdoing.
The settlement with the states adds to Apple's bill, which it can easily afford to pay. The company generates $275 billion annual revenue and boasts a market value of $2 trillion.
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