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Apple’s batterygate settlement fund didn’t have enough money to pay a $92.17 check

So much for being the world’s most valuable company. An iPhone “batterygate” settlement check has bounced and allegedly because of insufficient funds.

Man in a suit standing beside a large, projected check from Huntington National Bank for $92.17 dated March 1, 2024.
The bounced check that will bring down Apple. (Source: First Coast News)

Maybe those falling sales in China are worse than we think. When Tim Cook and CFO Luca Maestri next announce Apple’s earnings on August 1, 2024, perhaps they’re going to have to own up to some devastatingly bare coffers.

For according to Florida’s First Coast News, Clay County resident Desiree McNeil had some bad news from her credit union. She was one of the many iPhone users included in Apple’s settlement of the so-called batterygate case, and the checks from that began being sent out in January 2024.

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