On August 7th, Morgan Stanley released a report stating that Google's search engine business has been found to be in violation of antitrust laws, but the ruling does not include any remedies for Google's behavior. This means it is currently unclear how the US Department of Justice will execute the verdict and whether it will be implemented in the global market. As a key partner, Apple is likely to lose up to $20 billion in high-value transactions each year. The bank stated that even if Apple is believed to find a solution to offset potential losses from exclusive payment, it may still have a 4-6% impact on Apple's earnings per share in 2026. The bank gave it a target price of $273 and maintained its rating of "shareholding".
大行评级｜大摩：谷歌反垄断败诉 估计对苹果每股盈利造成4-6%打击
Bank rating | Goldman Sachs: Google's antitrust suit loss is estimated to cause a 4-6% blow to Apple's earnings per share.
The translation is provided by third-party software.
The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.