Wall Street investment banks issue a warning to Apple

On October 17th, analysts from the Wall Street investment bank Jefferies issued a warning that the US Department of Justice is "likely" to ban the long-term search deal between Google and Apple, a decision that could lead to an 11% drop in Apple's stock price. Jefferies stated that the deal between search giant Google and smartphone makers like Apple is at the core of the US Department of Justice's antitrust lawsuit against Google. If the US Department of Justice ultimately wins the case after a series of appeals, Apple may lose a significant amount of revenue. Apple and Google have not yet commented on this matter