Google monopoly ruling could help Apple defense in antitrust case
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August 7, 2024 11:59 AM EDT
According to a recent note from Bank of America, Google's global search market share experienced a slight decline in July.
The investment bank said Statcounter data revealed that Google's share decreased by 4 basis points (bps) month-over-month (m/m) and 105 bps year-over-year (y/y), settling at 91.0%.
In contrast, they note that Bing's share increased by 16 bps m/m and 89 bps y/y, reaching 3.9%. Other search engines, including Yandex, Baidu, Naver, and DuckDuckGo, saw a decline of 10 bps m/m but an increase of 9 bps... More
August 7, 2024 9:32 AM EDT
BofA Securities analyst Wamsi Mohan reiterated a Buy rating and $256.00 price target on Apple (NASDAQ: AAPL).
The analyst comments "
As per SensorTower data, App Store revenues in F4Q (after 36 days) increased to $3.0bn (+12% y/y, according to data on developer revs from... More
