Apple is cutting checks to millions of iPhone owners. If you bought an iPhone 16 or iPhone 15 Pro between June 2024 and March 2025, you likely qualify for a settlement payout between $25 and $95 per device.This settlement comes from a class action lawsuit over Apple's misleading marketing around AI features. Approximately 36 million customers are eligible. Here's what you need to know to claim your share.Why Apple is paying this settlementWhen Apple unveiled the iPhone 16, marketing at the time heavily emphasized AI capabilities. The company promised enhanced Siri that would function as an intelligent agent, positioning these new devices as built specifically for advanced AI features.Apple also marketed upcoming Apple Intelligence to iPhone 15 Pro buyers during this period. Customers purchased based on these promises.At launch, Apple Intelligence was nowhere to be found. Five weeks later, iOS 18.1 arrived with basic tools like Writing Tools, Notification Summaries, and Clean Up in Photos. But the advanced Siri features Apple had prominently advertised were still missing.The lawsuit alleged Apple deliberately misled consumers with deceptive advertising. Rather than fight the case, Apple agreed to the settlement to resolve claims and avoid prolonged litigation. The company's statement specified that this settlement did not constitute an admission of wrongdoing.Who qualifies? You're eligible if you purchased any of these devices between June 10, 2024, and March 29, 2025:Get instant access to breaking news, the hottest reviews, great deals and helpful tips.iPhone 16, iPhone 16E, iPhone 16 Plus, iPhone 16 Pro, iPhone 16 Pro Max, iPhone 15 Pro, or iPhone 15 Pro Max.The iPhone 15 Pro models qualify because they have the processing power to run Apple Intelligence. Sources are reporting payouts range from $25 to $95 per eligible device depending on how many people claim their share.