Apple Shares Surge Ahead of iPhone 17 Unveiling Following Landmark Court Ruling

A pivotal antitrust court decision involving Google has unexpectedly secured a multi-billion dollar revenue stream for Apple, providing a significant boost just days before the tech giant’s most anticipated product launch of the year. As the industry prepares for Apple’s Tuesday event, investors are questioning whether the company can finally reignite market excitement.

In a surprising early September ruling in the United States vs. Google case, a federal court delivered a favorable outcome for both technology behemoths. The court determined that Google may continue its multi-billion dollar payments to Apple to maintain its position as the default search engine on iPhones, restricting only future exclusive agreements.

This judicial outcome preserves what stands as Read more...