Why Munster Thinks Google Antitrust Lawsuit Over Search Business Is 'Net-Neutral' To 'Positive' For Apple
Portfolio Pulse from Shanthi Rexaline
The Department of Justice's antitrust lawsuit against Alphabet, Inc. (GOOGL, GOOG) over its search business may not negatively impact Apple, Inc. (AAPL), according to Gene Munster of Deepwater Asset Management. The lawsuit concerns Alphabet's practice of paying large sums to companies, including Apple, to maintain its dominance in the search business. Munster suggests that the lawsuit could be 'net neutral to positive' for Apple, contradicting Goldman Sachs analysts' view of a negative 15% impact on Apple's earnings in 2025.
October 10, 2023 | 9:55 am
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POSITIVE IMPACT
The DOJ's antitrust lawsuit against Alphabet may not negatively impact Apple, according to Gene Munster. He suggests that the lawsuit could be 'net neutral to positive' for Apple.
The lawsuit concerns Alphabet's practice of paying large sums to companies, including Apple, to maintain its dominance in the search business. If the lawsuit results in changes to this practice, it could impact Apple's revenue. However, Munster suggests that the impact could be neutral or even positive for Apple.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Microsoft could potentially benefit if the DOJ requires Apple to have a good-faith bidding process for its default search engine.
If the DOJ requires Apple to have a good-faith bidding process for its default search engine, Microsoft could potentially benefit. However, this is speculative and depends on the outcome of the lawsuit and Apple's decisions.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 50
NEGATIVE IMPACT
The DOJ's antitrust lawsuit against Alphabet could potentially impact its search business and its relationships with companies like Apple.
The lawsuit concerns Alphabet's practice of paying large sums to companies, including Apple, to maintain its dominance in the search business. If the lawsuit results in changes to this practice, it could impact Alphabet's revenue and its relationships with other companies.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
The DOJ's antitrust lawsuit against Alphabet could potentially impact its search business and its relationships with companies like Apple.
The lawsuit concerns Alphabet's practice of paying large sums to companies, including Apple, to maintain its dominance in the search business. If the lawsuit results in changes to this practice, it could impact Alphabet's revenue and its relationships with other companies.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100