Why the Google Antitrust Ruling Could Deal a Blow to Apple's Profits

Apple (NASDAQ: AAPL) shares have been trending higher lately due to news that has assuaged investor concerns about the impact of recent tariff hikes on profitability. However, there's another possible risk to Apple's future profitability that few are talking about: the Google antitrust ruling.Make no mistake: The judge's ruling could negatively affect Google's search market dominance. In turn, this could be bad news for shares in Google's parent company, Alphabet (NASDAQ: GOOG)(NASDAQ: GOOGL). Then again, at least for Alphabet, alongside these potential negative consequences is the potential for the judge's decision to serve as a catalyst for Alphabet stock in the coming years.Unfortunately, there's no such silver lining for Apple. Instead, the iPhone maker faces the prospect of losing some or all of a key revenue source. Following the judge's decision, if this risk becomes more apparent, it could lead to a new round of volatility for Apple stock.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool