Barclays: Apple may suffer "collateral damage" due to the U.S. Department of Justice's antitrust case against Google
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Barclays Bank stated that if the U.S. Department of Justice's antitrust lawsuit against Google continues to develop, Apple may suffer "collateral damage." Analyst Tim Long pointed out that the traffic acquisition cost revenue that Google pays to Apple may be affected, which is expected to account for 15% of Apple's operating profit. The analyst has given Apple a "reduce" rating with a target price of $184. Although initial data is unfavorable for Apple, it may compensate for losses through advertising revenue in the future. The lawsuit may take years to resolve, and risks still exist
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