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Apple to pay $53M in iPhone settlement

April 12, 2013 2:03 AM
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Apple to pay $53M in iPhone settlement

Apple is agreeing to a $53 million settlement in a class action suit charging the company failed to honor warranties on iPhones and iPod Touches, Wired reports.

The agreement provides cash payments to potentially hundreds of thousands of customers who say Apple was unwilling to repair or replace faulty phones under one or two-year warranties, the magazine said.

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