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Apple Analysts Unmoved By Antitrust Lawsuit: 'Unmatched Brand Strength'

Benzinga
Major Wall Street investment banks such as Goldman Sachs and Bank of America reiterated optimistic views on Apple Inc. (NASDAQ:AAPL) despite the legal headwinds stemming from the recent Department of Justice (DoJ) lawsuit. The DoJ argues that Apple is monopolistic in the smartphone market. The Cupertino, California-based iPhone maker is accused of stifling innovation that could threaten its dominance in the space. “Customers often choose Apple products — despite several alternatives existing — ...
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