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Google Deal Intact, What Next For Apple's $100 Bil Services Business?

1. AAPL gained 3% after the court ruled in favor of Google payments. 2. Google pays Apple $20 billion annually to remain the default search engine. 3. Ruling protects critical revenue, making Apple's services revenue more stable. 4. Apple may leverage AI to enhance its services and search capabilities. 5. Apple can potentially form new agreements with other search engine providers.

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Why Bullish?

The ruling secures a vital revenue stream, crucial for Apple's services growth. Historically, Apple's stock often rises with stable and predictable earnings sources.

How important is it?

The article discusses Apple's dominant position and future potential, indicating strong market performance. The stability of revenue sources is vital for investor confidence.

Why Long Term?

As Apple transitions to AI services, long-term growth potential is significant. Historical shifts in technology have often resulted in sustained growth for adaptability.

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