icon
icon
icon
icon
Upgrade
icon

J.P. Morgan warns: Antitrust case may cost Apple (AAPL.US) a third of its Google revenue

AInvestThursday, Oct 17, 2024 12:10 am ET
1min read

Google's (GOOG.US, GOOGL.US) deals with smartphone manufacturers such as Apple (AAPL.US) are at the heart of the US Department of Justice's antitrust lawsuit against the search giant. Investment firm Jefferies said that if the US Department of Justice ultimately prevails after a series of appeals, Apple could lose a significant amount of revenue.

Disclaimer: the above is a summary showing certain market information. AInvest is not responsible for any data errors, omissions or other information that may be displayed incorrectly as the data is derived from a third party source. Communications displaying market prices, data and other information available in this post are meant for informational purposes only and are not intended as an offer or solicitation for the purchase or sale of any security. Please do your own research when investing. All investments involve risk and the past performance of a security, or financial product does not guarantee future results or returns. Keep in mind that while diversification may help spread risk, it does not assure a profit, or protect against loss in a down market.