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AAPL: iPhone 17 to Debut A19 Chip and Wi-Fi 7 — But $490M China Lawsuit Still Lingers

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Court: N.D. California

Case: 4:19-cv-02033

Apple AAPL is gearing up for a September launch of the iPhone 17 lineup, now rumored to include the A19 chip even in the baseline model. Earlier speculation had pointed to a recycled A18, but updated supply chain data suggests a broader adoption of the new silicon across the iPhone 17 and iPhone 17 Air.

📱 What We Know About the iPhone 17:

  • A19 chip expected in iPhone 17 and iPhone 17 Air
  • iPhone 17 Pro and Pro Max to get upgraded A19 Pro chip
  • All models to feature Apple’s custom Wi-Fi 7 chip
  • RAM: 8GB LPDDR5 on base, 12GB LPDDR5X on Pro/Pro Max
  • 6.3” OLED with 120Hz refresh rate, dual-camera setup
  • Color options include black, grey, silver, light blue, green, and purple

The updates position iPhone 17 for a strong upgrade cycle while sharpening Apple’s silicon edge.

🧾 But a $490M Settlement Still Casts a Legal Shadow

Apple is finalizing a $490M settlement with investors over allegations it misled them about iPhone demand in China during the 2018–2019 trade war.

📆 Timeline Overview:

  • Nov 1, 2018: Tim Cook claims China isn’t under sales pressure
  • Jan 2, 2019: $9B revenue forecast cut triggers market shock
  • Jan 3, 2019: AAPL plunges 10%
  • Apr 16, 2019: Shareholders sue Apple

💼 Allegations Include:

  • Downplaying trade war impact
  • Misleading revenue expectations
  • Ignoring battery replacement and competition effects

💰 Investor Update:

  • Covers misleading statements from late 2018 to early 2019
  • Payouts expected 8–12 months after final court approval

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

As the iPhone 17 rollout approaches, Apple is clearly doubling down on performance and wireless innovation — but the legal reckoning from 2019 still hangs in the rearview.