Justice Department Sues Apple Over Antitrust; Lawsuit's Impact on Stock Unclear
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U.S. Department of Justice is suing Apple for allegedly violating antitrust laws by blocking competitors in various ways. Apple disputes the allegations.
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It's possible Buffett could sell more Apple shares because of the lawsuit, but unlikely given his past support for companies facing scrutiny.
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Apple stock growth has slowed and valuation remains high, so there are reasons some may want to sell regardless of lawsuit.
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Lawsuit could take years, while Apple may soon announce AI plans that could boost stock.
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For long-term investors, lawsuit seems like short-term distraction compared to Apple's potential in AI.