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DOJ ruling against Google preserves Apple's $20B annual revenue from Google search deal, boosting services growth.
Apple has secured a massive advantage from the Department of Justice's ruling against Alphabet's Google, preserving $20 billion in annual revenue while strengthening its high-margin services growth. The ruling reinforces Apple's leverage and long-term stability, according to the analysis. Investors may be underestimating the impact of this development on Apple's business.
Apple Inc.DOJ ruling against Google preserves Apple's $20B annual revenue from Google search deal, boosting services growth.
Alphabet Inc Class CDOJ ruling against Google threatens its search distribution agreements, potentially reducing revenue.