Apple stock is up 3%, strongly implying that this ruling is good for Apple as well. That is in contradiction to a lot of folks saying that this ruling means Google won't have to pay Apple. While the terms of the deal with Apple will likely change, based on the stock price increase, Apple will likely end up with a different deal (if not better).

Another thing to note, contrary to some comments, is that Google is still allowed to make a deal with Apple to be the default search engine, but with extra rules.

``` Google also would be permitted to pay Browser Developers, including Apple, to set Search as the default GSE, so long as the Browser Developer (1) can promote other GSEs and (2) is permitted to set a different GSE on different operating system versions or in a privacy mode and makes changes, if desired, on an annual basis. ```

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wraptile 2 days ago | parent | next [-]

> Apple stock is up 3%, strongly implying that this ruling is good for Apple as well.

It's been decades since stock market represented reality. If that was the case TSLA wouldn't shoot up on every report showing massive revenue loss. The stock market is one big meme wheel.

	▲	lotsofpulp 2 days ago \| parent [-]
		The highest priced companies have the highest net incomes and highest profit margins, and biggest moats. Over many years. That is what I would expect in "reality".

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AlexanderTheGr8 2 days ago | parent | prev [-]

To add on: a 3% stock shift means that the search-engine deal was worth >=3% of the stock. That is massive free cashflow. In 2022, Google paid Apple $20B (full profit bec negligible costs) while Apple's total profit was around $100B. 20% of Apple's total profit came from Google's search deal. Based on this, I am sure the stock price worth would be much higher than 3% (actual numbers are complicated because stock price accounts for future growth of things).