Posted 3/27/2024, 4:16:32 PM
Apple Expected to Prevail in DOJ Antitrust Lawsuit But Impact Remains Unclear
- Legal experts predict Apple (AAPL) will win antitrust lawsuit filed by DOJ
- Lawsuit alleges Apple maintains iPhone market dominance through exclusionary practices
- If Apple loses, could mean wider access to "super apps" and better support for cross-platform messaging
- DOJ alleges Apple suppresses cloud gaming, but analyst argues iOS not ideal for AAA gaming
- Analysts remain cautiously optimistic on AAPL stock with $203.87 average price target (18.5% upside)
