Extended Deadline for Eligible Users to Receive Up to $349 Payout

  • Apple iPhone 7 and iPhone 7 Plus owners can still claim up to $349 in class-action settlement
  • Deadline extended to July 3, 2022 for eligible users to file a claim
  • Users must have received notice ID and confirmation code from Apple via email or postcard
  • Affected iPhones had audio issues related to the audio IC chip

Apple has extended the deadline for certain iPhone 7 and iPhone 7 Plus owners to claim a cash payout from a class-action settlement related to audio issues. If users paid for repairs or replacement, they can receive up to $349; those who reported issues without paying could get up to $125. Eligible customers received notice ID and confirmation code via email or postcard. The settlement concerns audio IC chip problems in the 2016 models.

Factuality Level: 8
Factuality Justification: The article provides accurate and objective information about the extended deadline for iPhone 7 and iPhone 7 Plus owners to claim a cash payout from Apple due to audio issues. It also explains the eligibility criteria and how to file a claim. The only minor issue is that it doesn’t mention the exact amount of payout for each case, but overall, it is informative and factual.
Noise Level: 6
Noise Justification: The article provides relevant information about an ongoing situation and a deadline extension for iPhone owners who experienced audio issues with their devices. However, it is brief and lacks in-depth analysis or new insights.
Public Companies: Apple (AAPL)
Key People:

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Financial Relevance: Yes
Financial Markets Impacted: Apple (AAPL)
Financial Rating Justification: The article discusses a class-action settlement involving iPhone 7 and iPhone 7 Plus owners and Apple, which could impact the company’s financial situation as it involves paying out cash payouts to eligible customers. This could potentially affect Apple’s financial performance and investor sentiment.
Presence Of Extreme Event: No
Nature Of Extreme Event: No
Impact Rating Of The Extreme Event: No
Extreme Rating Justification: There is no extreme event mentioned in the article.

Reported publicly: www.marketwatch.com