Apple Inc. (NASDAQ:AAPL) Settles Power Lawsuit

Apple Inc. (NASDAQ:AAPL) has reached an agreement to settle its MagSafe
lawsuit. Apple Inc. (NASDAQ:AAPL) Settles Power Lawsuit A proposed settlement
has been reached to settle a class action lawsuit involving its MagSafe power
adapters for MacBook and MacBook Pro. Under the deal, Apple Inc. (NASDAQ:AAPL)
has agreed to offer partial refunds to customers who were forced to replace
their MagSafe connectors due to "Strain Relief Damage". The company will pay
up to $79 to customers who replaced their adapter in the first year of
ownership, up to $50 for the second year or up to $35 for the third. Apple Inc.
(NASDAQ:AAPL) stocks were at 406.23 at the end of the last days trading. Theres
been a 13.2% change in the stock price over the past 3 months. Apple Inc.
(NASDAQ:AAPL) Analyst Advice Consensus Opinion: Moderate Buy Mean
recommendation: 1.21 (1=Strong Buy, 5=Strong Sell) 3 Months Ago: 1.22 Zacks
Rank: 1 out of 2 in the industry