Apple (AAPL) is facing Google Deal Fallout. Are investors worried?

Apple Inc. (NASDAQ:aapl) is one of AI is in the spotlight today. On July 28, JP Morgan analyst Samic Chatterjee repeated the “overweight” rating of its stock as Apple faces the potential business impact of the ongoing Google Antitrust Act.

According to the company, Apple receives an estimated $28 billion worldwide each year from Alphabet due to the cost of acquiring Google Traffic. Of this, $12.5 billion is to pay for traffic generated from US customers.

The company evaluates Apple’s results from unannounced relief measures for the Department of Justice and Google’s case, compared to Google’s monopoly. I believe that Apple’s worst case scenario is that Google is prohibited from paying for distribution.

A modern financial advisor sitting in front of a trading monitor gestures to a group of investors.

Apple will be the worst case scenario for Apple as it stops the $12.5 billion it receives from Google for US traffic. Therefore, the above scenario will be a hit with a 10% revenue.

However, under Google’s proposed remedies, the company is only looking at “at best a modest change, primarily maintaining the current situation.” They also believe they will maintain an overweight rating, as there may be “potential central opportunities.”

Apple is a technology company known for its consumer electronics, software and services.

Although we acknowledge AAPL’s potential as an investment, we believe certain AI stocks offer a greater reverse chance, pose a risk of decline. If you’re looking for a highly undervalued AI stock that can make a significant profit from the tariff and supervision trends of the Trump era, check out our free report. Best Short-Term AI Stocks.

Read next: 10 All AI stocks look closely and Wall Street’s 10 must-see AI stocks.

Disclosure: None.