Jefferies warns: Antitrust case may cause Apple to lose one-third of Google's revenue share
I'm PortAI, I can summarize articles.
Jefferies warned that if the US Department of Justice wins the case, Apple may lose one-third of its Google revenue sharing revenue, with an estimated 8% decline in discounted cash flow for the 2028 fiscal year. Analyst Edison Lee stated that a settlement may take 3 to 8 years, and this loss is limited to the US only. Despite this risk, the sales of iPhone 16 and the launch of Apple Intelligence are seen as more important factors. Apple's stock price fell by 0.89% on Wednesday to $231.78, with a year-to-date cumulative increase of 21%
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: Zhitong The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments