Apple Bets Big on the iPhone’s Future — But a $490M Payout Is Still in Play

Court: N.D. California

Case: 4:19-cv-02033

Tech leaders like Elon Musk and Sam Altman say the smartphone is on borrowed time, as brain chips, AR glasses, and voice-based agents begin taking center stage. But Apple AAPL isn’t buying into that timeline. CEO Tim Cook recently reaffirmed his confidence in the iPhone, calling it a platform still full of innovation and evolution.

Apple is already planning its September 2025 lineup, including the ultra-thin iPhone Air, a rumored foldable model, and the company’s long-awaited AR glasses. Unlike rivals chasing radical disruption, Apple’s strategy leans into refinement — a steady evolution of the device we still hold in our hands.

AAPL

While Apple fends off predictions of the post-smartphone world, long-term shareholders may still want to look back — particularly at Apple’s $490 million settlement over past iPhone sales disclosures in China.

• Nov 1, 2018: Tim Cook says China isn’t experiencing sales weakness.
• Jan 2, 2019: Apple slashes its forecast by $9B, citing poor Chinese demand.
• Jan 3, 2019: AAPL drops 10% on the news.
• Apr 16, 2019: Investors sue Apple for misleading projections.

• Apple settled the case for $490M earlier this year.
• If you held AAPL stock during the affected period, you may still qualify.
• Late claims are currently being accepted.
• Payouts typically take 8–12 months after court approval.

You can check more information about it and file for a payout HERE.

Do you think Apple can reinvent the smartphone again? Or are you filing your claim while watching where AAPL goes next?