Apple’s Stock Surges 3.81% on $20 Billion Google Pact Ruling Secures Fifth in Market Activity with $15.75 Billion Volume

Apple’s stock surged 3.81% on Wednesday, with a trading volume of $15.75 billion, marking a 55.32% increase from the previous day and ranking fifth in market activity. The rally followed a U.S. federal court ruling that allows Google to maintain its annual $20 billion revenue-sharing agreement with Apple for default search placements in Safari and Siri. This decision preserves a critical revenue stream for Apple’s Services division, which contributed 20.8% of its $96.2 billion in Services revenue in 2024.

The ruling, issued by Judge Amit Mehta, permits Apple to renegotiate the terms of its partnership with Google annually, offering flexibility to potentially boost monetization. Analysts highlighted the strategic advantage for Apple, which can now explore integrating AI-driven search tools from competitors like OpenAI and Perplexity. This diversification aligns with Apple’s broader push to embed AI into its ecosystem, reducing reliance on Google while maintaining a steady revenue source.

Financial analysts have adjusted their outlooks. BofA Global Research raised its price target for Apple to $260, citing the ruling as a long-term benefit. Morgan Stanley noted the decision could enhance Apple’s ability to negotiate favorable terms with AI partners, while TD Cowen suggested the $20 billion agreement could serve as a benchmark for future deals. Apple’s senior vice president of services, Eddy Cue, previously indicated the company is exploring AI search integrations to offset declining Safari search volumes.

Despite the favorable ruling, legal uncertainties remain. Google and the Department of Justice have signaled potential appeals, though analysts expect minimal disruption to the current partnership structure. For now, the decision stabilizes Apple’s revenue streams while creating opportunities to strengthen its AI offerings. The stock’s performance reflects investor confidence in the company’s ability to leverage its strategic position in the evolving tech landscape.

As of 2025/9/3, Apple’s stock closed with a 3.81% gain, trading at $238.47, with a daily volume of $15.75 billion. This marked a 55.32% surge in trading activity compared to the prior day, securing its position among the top five most active stocks in the market.