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Here's how long the Apple vs. DOJ battle could last

Business InsiderBusiness Insider Ā· 8m
Here's how long the Apple vs. DOJ battle could last

Apple is preparing for a legal battle after the federal government filed an antitrust lawsuit against the company, accusing it of using anticompetitive practices to maintain a smartphone monopoly. Apple plans to vigorously defend itself and claims that the lawsuit contains factual and legal errors. Analysts predict that a settlement is the most likely outcome, with Wedbush Securities estimating it could take 12 to 18 months. The worst-case scenario of Apple being found guilty and having to make significant changes to its business model appears unlikely, while a compromise with the Department of Justice, a large fine, and concessions affecting revenue from the App Store and iPhone sales are more probable outcomes.

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