Apple Defends Its $19B Google Search Deal Even As It Laments Its Privacy Policies
Portfolio Pulse from Rounak Jain
Apple Inc.'s Eddy Cue defended the company's $19 billion deal with Alphabet Inc.'s Google in the ongoing antitrust case against Google. Cue stated that Google Search was the best option available and there were no alternatives. However, he also expressed concerns about Google's privacy policies. The Department of Justice's line of questioning focused on Google's privacy policies and whether Apple took the Google Search deal because it was too good to pass or if Apple actually believed in the product.
September 27, 2023 | 12:37 pm
News sentiment analysis
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NEGATIVE IMPACT
Google's privacy policies and its deal with Apple are under scrutiny in the ongoing antitrust case, which could impact its stock.
The ongoing antitrust case and scrutiny of Google's privacy policies could potentially impact investor sentiment towards Google. The ultimate impact will depend on the outcome of the case.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
Alphabet Inc.'s Google's privacy policies and its deal with Apple are under scrutiny in the ongoing antitrust case, which could impact its stock.
The ongoing antitrust case and scrutiny of Google's privacy policies could potentially impact investor sentiment towards Alphabet Inc. The ultimate impact will depend on the outcome of the case.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80
NEUTRAL IMPACT
Apple's defense of its deal with Google could potentially impact its public image and investor sentiment.
The ongoing antitrust case and Apple's defense of its deal with Google could potentially impact investor sentiment towards Apple. However, the ultimate impact will depend on the outcome of the case.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80