iPhone users are rejoicing as Apple finally admits to slowing down older models when a new one came out. Users believe this was to convince everyone to purchase the newest model, but Apple insists that the software updates were designed to slow down the phones in order to preserve their lithium-ion batteries. “Sure…” consumers have responded. Following court fees and payouts, Apple is expected to spend between $310 million and $500 million. Users with certain iPhone models will receive a sum of $25 per affected device. They have also offered to replace certain battery types for a fee of $29 if you are experiencing a slowdown.