Courts, Regulators Pose Threat To Apple Services Revenue in 2024

The U.S. government’s antitrust lawsuit against Google has produced anxiety about whether Apple will continue to rake in anywhere from $15 billion to $20 billion a year for making Google’s search engine the default choice on the iPhone, iPad, and Mac. Meanwhile, the U.S. Department of Justice is reportedly preparing a case that could loosen Apple’s iron grip on its App Store operations.